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How to Create a Retirement Budget © (Getty Images) Shot of a mature man using a laptop while working out his finances at home Many people fear running out of money in retirement. Creating a retirement budget can help you make sure this doesn t happen. A retirement budget outlines the funds you will have coming in during retirement and how you can use them to cover all your regular bills and unexpected expenses. “It is always beneficial to draft a retirement budget when preparing to retire or already in retirement,” says Janet C. Steinke, a senior wealth advisor for Buckingham Advisors in Dayton, Ohio. “This helps establish what will be needed and how this need will be met.”

United statesJoe buhrmannMichael michelettiJanetc steinkeFreedom financial networkGetty imagesBuckingham advisorsApproximate retirementExpenses that will changeBig lifestyleSocial securitySan mateoஒன்றுபட்டது மாநிலங்களில்சுதந்திரம் நிதி வலைப்பின்னல்கெட்டி படங்கள்செலவுகள் அந்த விருப்பம் மாற்றம்