Have you ever reflected on the fact that frequently, the final years of your full-time career often coincide with your peak income. However, as your earnings increase, so can your expenses and if you’re not saving at the same rate, it could be difficult to sustain your lifestyle in retirement.  The reason is because many individuals who are pre-retirement assume they will need less income in retirement because they think that the ‘expense’ of saving will no longer be there.  They neglect to realize that not only will some expenses increase in retirement, for example health care, other expenses related to the lifestyle they want to live in retirement will, for example travel.  We suggest our clients estimate their retirement expenses to be as much as they are preretirement.  This enables that ‘savings’ expense to be replaced with post-retirement expenses that have increased.  Call us, we’re always here to help and would look forward to discussing this further with you.