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.
Retirement planning can be defined as the way of planning ahead of your retirement by either saving or investing so as to have something to fall back to after retirement.
Hence, financial advisors often say 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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