Retirement Income Planning
Generally, one of the primary focuses before retirement is saving money. The hope is to build your retirement savings to help you live a comfortable lifestyle during your golden years.
As you get closer to retiring, planning how you'll turn your savings into income is an important step. You'll likely want to take all your potential sources of income into consideration as you make a plan.
Here are some details you may want to think through as you start your retirement income planning.
Estimating your future living expenses in retirement now can help you plan your saving strategies. Use our calculator to compare your current income, expenses and cash flow to your projections at retirement.