Retirement just ain’t what it used to be. Back when a pension was guaranteed, and 65 was “old age”-retirement was a different affair. Now that people, and particularly women, are living into their eighties, nineties and beyond, retirement is about planning for the rest of your life.
Money Zone: Retirement Planning
All of us – but women in particular – are living increasingly long lives, many into their 80s and 90s. With that kind of time horizon, retirement planning can seem daunting. But we’ve created an easy retirement planning worksheet to help you. To estimate how much you’ll need in retirement, look at several factors: how early you plan to retire, your longevity (and that of your spouse, if you’re married), the income you’ll earn in retirement from part-time employment or consulting, your expenses in retirement, and the effects of inflation.
Easy Retirement Planning
To estimate how much you’ll need in retirement, look at several factors: how early you plan to retire, your longevity (and that of your spouse, if you’re married), the income you will earn in retirement from part-time employment or consulting, your expenses in retirement, and the effects of inflation. Here is a worksheet you can […]
