Once you retire, your expenses are generally lower. So, if your annual income is $40,000, you’ll need about $28,000 a year after you retire to maintain the same lifestyle. Many retirement simulation tools are available to help you draw up a good saving plan, including Mon plan, je le fais maintenant! and CompuPension.
These tools will give you an idea how much you’ll receive from public plans and how much you’ll need to rel="noopener noreferrer" save.
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