Personal Finance
Sunday, 7/19, 02:00 PM
The costs that stop when you retire and the one that does not
- Household spending peaks between 45 and 54 and is about 20 percent lower by 75, according to Bureau of Labor Statistics data.
- That is the empirical basis for planning on 70 to 80 percent of pre-retirement income, and it hides a category moving the other way.