Will your need for income change during your retirement years, and if so, by how much? This can be a difficult question to answer and the response is likely to differ from person to person. It will depend on factors that are personal to you such as the age at which you retire and your state of health in your later years. Stock market performance and the impact of inflation also need to be taken into consideration when planning your…
HOW YOUR INCOME NEEDS CHANGE OVER TIME, AND HOW TO PLAN FOR WHEN THEY DO
