How much money it is necessary for Americans for retirement?
Most of Americans try to save up money for retirement, but very few people know how much it is necessary to quietly retire.
The problem of calculation of pension stocks is that different people have absolutely various models of expenses. For some people expenses at retirement will fall if they are going to live modestly. For those who have big plans for mature years of life expenses can rise. Therefore to save money for pension follow depending on the intentions, financial analysts say.
Also one of the least clear subjects for future pensioners are potential expenses on health care. The recent research conducted by Fidelity Investments has shown that 65-year-old couple of Americans on average spend about 260 thousand dollars for medical care. And this sum doesn't include long-term insurance on leaving.
Many experts say that retirement will cost 70-80% of the usual income of the American. Only the expenses connected with campaigns for work and receiving professional services will be cut down. All other expenditure will remain invariable. Therefore to count the monetary stocks saved for pension it is necessary taking into account the specified indicators.
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