A standard rule is to spending budget for a minimum of 70% of the pre-retirement revenue for the duration of retirement. This assumes a number of your costs will vanish in retirement, and 70% are going to be sufficient to deal with essentials. 2. With regard to federal taxation only. https://wealthpreservationstrateg06160.getblogs.net/68784619/how-much-you-need-to-expect-you-ll-pay-for-a-good-retirement-asset-diversification