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GOBankingRates
GOBankingRates
Daisy Carrington

How Much the Average Retiree Saves (or Spends) in Their First Year of Retirement

The years leading up to retirement can be tense. The prospect of no more paychecks and living off savings makes many soon-to-be retirees wonder what they can safely spend in that first year.

According to Nick Hamilton, national manager of Alliant Retirement and Investment Services, that anxiety is normal. 

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