For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about 70 percent of their wages when they were working.
What is retirement planning?
Retirement planning can be defined as the way in which a person plan ahead of their retirement by investing or saving their money so as to have something to fall back to after retirement.
Therefore the financial advisors often suggest that retirees must have a source of source that will provides about 70 percent of their wages when they were working so as to live at a comfortable level after retirement.
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