Question: Estimate a retirement date based upon your projected retirement date i.e. 2050, 2055, 2060, etc. Using the monthly spending projections, you estimated in number 3.0

Estimate a retirement date based upon your projected retirement date i.e. 2050, 2055, 2060, etc. Using the monthly spending projections, you estimated in number 3.0 above, redraw your budget (both inflows and outflows) with the adjustments for inflation at 3% compounded annually to the year you plan to retire.

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