How to transition from saving for retirement to living

The key to a smooth transition from saving for retirement to actually living in retirement is careful financial planning.

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You have been a diligent saver for decades and the moment you've been preparing for has finally arrived – retirement.

But as you stand on the threshold of this new chapter, you might find yourself facing an unexpected challenge: the transition from saving for retirement to actually living in it.

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Note: The results are not exact but very close to the actual.