Retirement Living Information: Planning For The Future In A More Effective Way
One of the first things that is sure to hit you when you come across retirement living information is the fact that you will need to plan well ahead for retirement living. In fact, your plans should allow for spending about seventy-five percent of the income you earned prior to retirement in order to stay up to the speed in regard to matching your existing lifestyle during your retirement years with the life you enjoyed prior to retiring. Some experts even suggest that you should spend the same amount of money during retirement as you spent before retiring.
However, before deciding on how much income is right for you to meet retirement living expenses you need to research the subject thoroughly so that you have enough retirement living information to work on in order to arrive at the right quantum of retirement living income to live comfortably after retirement. To calculate more precisely how much money to have coming in to meet retirement living expenses you need to have retirement living information that consists of hard facts, accurate as well as solid data on which you can then base your calculations.
This kind of data is readily available from Consumer Expenditure Survey that the Bureau Of Labor Statistics of the US Department of Labor provides each year. You can get this important retirement living information from the website maintained by the Bureau of Labor Statistics. Some very interesting facts have been revealed by the Consumer Expenditure Survey, and in fact, this retirement living information actually shows that more than twenty-five million Americans fall under the category that shows them to be married as husband and wife.
Other pieces of interesting retirement living information that comes across from studying the findings of Consumer Expenditure Survey will also provide some very useful insights as well. The average age of retirees in the US is believed to be approximately fifty-six years, and a retiree's income is believed to be a bit over seventy-three thousand that after tax works out to be about sixty-nine thousand dollars.
There no doubts the fact that you must have solid retirement living information in order to also estimate your expected true retirement expenses which must at least include cost of basic living that is necessary to survive and in addition which also includes discretionary costs of living which refers to cost of buying things that are nice to own though not necessarily a necessity to survive.
If you are able to use the right kind of employee retirement information you stand to benefit immensely. You can benefit from understanding about tax advantages that the employer gets as well as learn about the benefits that you as an employee will get to enjoy.