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Retiring With $500,000: How Much Money You'll Have in Your Monthly Budget

Nobody wants to run out of money in retirement.

Experts recommend taking up to 4% of your total nest egg annually in retirement as a way to make your funds last.

That percentage can drop a few points based on factors like not owning your home or having high health-care costs. So talk to a professional before making any plans. 

Check out this video to see a few different case studies of how much spending money you'll have if you retire on $500,000. 

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