Chris Gash

Fewer than 1 in 5 people have established a comprehensive financial plan for their retirement, according to a Fidelity Investments study. But even if you are among those who do, how do you know your plan will hold up in every insomnia-inducing scenario you envision? We checked with retirement experts, who say your retirement will likely turn out fine if the following statements are generally true.

1. Your income and spending are in balance.

If you don’t have more debt than you had a year ago and only modestly tapped into your savings for spending cash, you’re doing well. Here’s the test: If after the first year of retirement you were able to live comfortably

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