FP 101 Week 7 Retirement Planning Worksheet

FP 101 Week 7 Retirement Planning Worksheet 

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FP 101 Week 7 Retirement Planning Worksheet

Complete the Retirement Planning Worksheet

Submit your assignment to the Assignment Files tab.

Retirement Planning Worksheet  

Step 1:  Estimate your retirement income at:

http://www.bankrate.com/calculators/retirement/retirement-plan-income-calculator.aspx

You will be asked to answer six questions.  If you are unsure of what the fields are, the definitions are below on the same page.  There are some assumptions about how much your investments will earn, inflation rates, and tax rate; you can edit these to see how they impact the calculation.

• Based on your inputs, what is your estimated monthly retirement income before tax/inflation?

• Based on your inputs, wha