Do You Need a Budget in Retirement?

You saved diligently, invested carefully, and now you have a sizable nest egg that can most likely replace 80% of your pre-retirement income. Why should you go through the tiresome process of creating a budget?

No matter how carefully you plan, many things are out of your control that can impact the income your plan can provide:

  • Market volatility
  • Extended market downturns
  • Increased taxes
  • High inflation

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