RETIREMENT INCOME WORKSHEET

The balance is what you will need to provide for when you retire. Note that we have projected your income needs to be 75% of your last pre-retirement salary.  Further, we have assumed that our Social Security and Company benefits will still be available for our retirement.  

YOU NEED TO PLAN TODAY FOR YOUR TOMORROW!!! 

All of these calculations and worksheets, in various forms, can be found on the internet. Try any of the mutual fund web pages.  One very popular worksheet can be found at www.vanguard.com. You can also find retirement calculators at most stock brokerage web pages. I’ve also programmed a computer program for Lotus that will help you make these calculations. If you need a copy, email or write and I’ll send you one but it’s harder to use than the internet versions.

There’s also a great “Ballpark Worksheet” at www.asec.org   

Another great source for retirement calculations and review is www.financialengines.com. This site will let you subscribe for  three months but the calculators actually will analyze your current investments and their chance for success in meeting your retirement goals. Subscription rate may apply.

Another source is www.morningstar.com .

See our Links page for a lot of material and also the Tips, Tricks and Sources page in this booklet.
Many of my worksheets are being converted to Interactive Excel files
that you can use here on this site or download to your computer.

There's a list of these worksheets at:       

       

For those of you who may just be starting on the road to financial freedom, please be sure that you see the outline,