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How Much Will You Spend in Retirement?

Getting a handle on your spending is the linchpin in crafting a viable retirement plan, says Christine Benz.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Figuring out how much you are going to spend in retirement is an important part of the retirement planning process. I'm here with Christine Benz, our director of personal finance, and she is going to explain why it helps to go beyond just these rules of thumb.

Christine, thanks for joining me.