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URL:  http://boards.fool.com/spendingquot-is-what-goes-out-of-our-wallet-and-29543181.aspx

Subject:  Re: You need 135% of your salary in retirement? Date:  9/15/2011  1:12 PM
Author:  Rayvt Number:  69589 of 76418

Spending" is what goes out of our wallet and bank account.
It is more now, in retirement, than it was before retirement.


The thing is, you have a lot of control over your expenses. At least, the amount over and above your baseline minimum living expenses.

Our annual expenses for the last few years have included about $20,000 - $25,000 for travel & cruises. That's $20K that we didn't have an an expense before we retired.
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