| Retirement Plan | Your name | |||||||||||||||||||||
| Retirement Age | 55, | 68 | ||||||||||||||||||||
| Standard of Living (2013 Dollars) | ($ | 45 | 90,000 | |||||||||||||||||||
| Projected Inflation | 2%, | 3% | ||||||||||||||||||||
| Years til you retire | (Reitrement Age less you age) | |||||||||||||||||||||
| Standard of Living in Retirement | Future value of current Standard of living using your forecasted inflation rate | |||||||||||||||||||||
| Projected Retirement Earnings | 4%, 7%, 10% | 8% | ||||||||||||||||||||
| Required Lump Sum at Retirement | (Perpetuity) | – 0 | ||||||||||||||||||||
| Expected Earnings in retirement fund | (5%, 8%, 12%) | |||||||||||||||||||||
| 1-10 | 11-20 | 21-30 | 31-40 | 41-50 | ||||||||||||||||||
| Payment Calculations | Years 1-10, 11-20, 21-31, etc | 1,000 | 2,000 | 3,000 | 4,000 | 5,000 |
Chose when you want to retire (55,68,72)
Standard of Living /Lifestyle (Annual Income in Perpetuity)
◦ Average – $45K
◦ Comfortable – $90K
◦ Loaded – $250K
Projected Earnings in Retirement (4%, 7%, 10%)
Projected inflation (2%, 3%,5%)
Expected Earnings
◦ Conservative 5%
◦ Moderate 8%
◦ Aggressive 12%
Payment level –Years 1-10, 11-20, 21-30, etc
