U.S. News & World Report - Many people think they will be able to live on less money in retirement. Some people say they will only need 70 to 80 percent of their take home pay after they leave their job. You may have fewer commuting costs, no more retirement contributions and mortgage payments, and will theoretically no longer need a second car. But not everyone's costs go down.
Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/usnews/20110112/ts_usnews/10sneakynewretirementcosts
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