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The amount of money someone might need per month at age 62 varies widely based on individual circumstances, including living expenses, health care costs, personal savings, and lifestyle choices. Many financial advisors suggest having a retirement income that covers 70-80% of pre-retirement income. It's essential to create a personalized budget considering Social Security benefits, pensions, savings, and any other income sources. Planning ahead with a financial advisor can help ensure a comfortable retirement.

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5d ago

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