Creating a Retirement Budget: A Step-by-Step Guide



Planning for retirement can feel overwhelming, but creating a budget is an essential step to ensure financial security during your golden years.​ Building a retirement budget allows you to estimate your expenses, plan for unforeseen events, and make the most of your retirement savings.​ In this article, we will guide you through the process of creating a retirement budget that works for you.

1.​ Determine Your Retirement Income

The first step in building a retirement budget is to determine your sources of income.​ Consider your retirement savings, pension plans, social security benefits, and any other sources of income you may have during your retirement years.​

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