3 Reasons You Might Be Underestimating Your Retirement Income Needs

Many people make one crucial mistake in retirement planning: They assume they'll get by on just a fraction of their former income. And that's a mistake you'll want to avoid.

You might assume that between nest egg withdrawals and the benefits you collect from Social Security, you'll be sitting pretty once retirement rolls around. But here are three reasons you could be grossly underestimating your retirement expenses.

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Source Fool.com