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20 Important Rules to Follow When Budgeting Your Retirement

Giving up the daily grind for retirement means a complete change in lifestyle. This means that how you spend your money will change too: for instance, you’ll need less money for work-related expenses like commuting or work clothes but you’ll need more money for the things you finally have the time to do, like hobbies or travelling. If you’re smart, you’ll carefully budget your retirement income so that you can live the post-work life you’ve always wanted. Here are 20 tips for budgeting in retirement.

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