Deciding how much money you need for retirement is a highly personal calculation. It depends on any number of factors, from your current lifestyle to your general state of health to whether you plan to retire early. That’s why we’ve designed this set of five interactive worksheets to let you tailor your estimate to your own circumstances. Be forewarned: These worksheets will take some time to complete. But when you’re done, you’ll have a dependable estimate of
- How much annual retirement income you’ll need.
- How much you can count on from your pension and Social Security benefits.
- What your total nest egg must be, and
- How much you need to put away this year to begin to reach