Retirement Income Needs Worksheet

Multiply by the percentage you will need x x 80 3.

Retirement income needs worksheet. Current gross annual income 75 000 2. After you ve entered your estimated income for each category as well as your income tax rates and estimated monthly expenses click calculate at the bottom to see how much you. In the first phase of retirement most people continue an active lifestyle. Make sure that your expenses in retirement may be quite different from current.

Retirement income worksheet use this interactive worksheet to estimate your total monthly income in retirement and determine whether it will meet your financial needs. Figuring retirement income needs use this worksheet to determine income and expenses now and in retirement. This worksheet is designed to assist you and your advisor with the process of estimating your retirement income needs. It is a sample retirement budget worksheet that lays out the regular expenses followed by the occasional expenses and other one time expenses in a typical year.

The amount you will need each year 60 000 4. Please take a few minutes to fill in as much information as possible and make note of any special situations priorities or questions for discussion.