{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ws_12.1 - Based on years to retirement(A and an expected...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
PROJECTING RETIREMENT INCOME AND INVESTMENT NEEDS $ $ $ $ $ $ $ $ $ $ I. Estimated Household Expenditures in Retirement: A. Approximate number of years to retirement B. Current level of annual household expenditures, excluding savings C. Estimated household expenses in retirement as a percent of current expenses D. Estimated annual household expenditures in retirement (B C) II. Estimated Income in Retirement: E. CPP, annual income F. Company/employer pension plans, annual amounts G. Other sources, annual amounts H. Total annual income (E F G) I. Additional required income, or annual shortfall (D H) III. Inflation Factor: J. Expected average annual rate of inflation over the period to retirement K. Inflation factor (in Appendix A):
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Based on ____ years to retirement (A) and an expected average annual rate of inflation (J) of ____ L. Size of inflation-adjusted annual shortfall (I 3 K) IV. Funding the Shortfall: M. Anticipated return on assets held after retirement N. Amount of retirement funds required—size of nest egg (L 4 M) O. Expected rate of return on investments prior to retirement P. Compound interest factor (in Appendix B): Based on ____ years to retirement (A) and an expected rate of return on investments of ____ Q. Annual savings required to fund retirement nest egg (N 4 P) Note: Parts I and II are prepared in terms of current (today’s) dollars. Name(s) Date...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online