Step 6 Savings Required to Meet Your Goal

Step 6 Savings Required to Meet Your Goal [Pg.206]

You now have the information necessary to determine your savings goal between now and retirement. This is the difference between Total Savings Required at Retirement and Net Savings for Retirement in Future Dollars. [Pg.206]

Step 6 Annual Additions to Savings to Meet Retirement Income Needs [Pg.206]

Annual Savings Required to Meet Retirement Goal [Pg.206]

As a result of these calculations, you should have a good idea of your prospects for a financially secure retirement. However, if the amount required to fund your retirement income needs seems out of reach, here are some alternatives [Pg.207]

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