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The Retirement Newsletter: How much money will I need for an Essential, Moderate (Comfortable) or Luxury retirement?
Welcome
Welcome to issue -125 — yes, I am still counting down the weeks until my planned retirement date.
125 weeks until I retire. It feels like it should be a milestone in some way — but I can’t think of a way to capture it — anyway, 125 weeks to go.
Anyway, this week, the BIG question: how much could the essential, moderate, and luxury retirement plans cost?
Money
Please note: I am not a financial advisor. My writing on money and financial matters are based on things I have read about money and about preparing to retire. IT IS NOT FINANCIAL ADVICE. The figures are for guidance and may not be correct.
In the last newsletter ( What will be your type of retirement?) I wrote about three potential levels of retirement:
- Essential — what is the least amount of money you need to survive? To live? To get by? Not the most comfortable way to be retired, but at least you can be retired and have some freedom, albeit limited by money.
- Moderate — a comfortable retirement. A…
