As you gauge how much income you'll need to pay for your living expenses in retirement, don't forget to consider how you'll cover unexpected costs.
More than 8 in 10 retiree households 83% will face… [+6502 chars]
Unexpected expenses take 10% of retirees' income, on average, research shows — many don't have enough cash on hand - CNBC
The typical retiree household will spend an amount equivalent to 10% of annual income on unexpected expenses, and about 40% lack the cash to cover those costs.
By:Sarah Agostino
Source:CNBC
Published:
Related News
Trump Tariff Threat to Weigh on Risk Sentiment, European Stocks - Bloomberg.com
US President Donald Trump’s announcement of new tariffs on eight European countries over Greenland weighed on risk sentiment as trading kicked off Monday.
Bloomberg•Farah Elbahrawy, Julien Ponthus
Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT - TechCrunch
Sequoia Capital is reportedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. It's a
TechCrunch•Connie Loizos
EPA Rule Clarification Hits a Significant Source of Grok’s Electricity - Gizmodo
It seems xAI has been taking liberties with gas turbines that federal rules don’t actually tolerate.
Gizmodo.com•Mike Pearl