“Retirement Calculator,” seriously!

You don’t need a retirement calculator. All you have to do is write down all the money you will have coming in on a monthly basis. Now ask your self one question, “can I live on that?”

If the answer is yes then go ahead and retire. If the answer is no then you will either have to keep working or perhaps, change jobs to make the extra money you need. Find something you like to do.

Like this:

Social Security $2000

Pension $1050

1/300 of all your savings, 401k, ira, etc, (example $100,000) $333

TOTAL $3,383

Now ask yourself the question. . . Can I live on that?

If this is too hard try this online calculator from AARP