Week 34 Day 4 Action Items

Day 4

[ ] Estimate your retirement expenses and income requirements.
[ ] Consider factors like healthcare, lifestyle, and other retirement goals.

Review the information from Day 1 if needed.

Running the Numbers

A good starting place to determine the amount you would need for retirement is to review your current spending. If you have a personal budget, review what your monthly, quarterly, semi-annual, and annual expenses are currently. Do you have any other one time expenses to consider? What expenses will not occur in retirement and what new expenses might need to be considered.

Create a List of Expenses

Create a list of all you monthly expenses to get sense of the total amount potentially needed in retirement.

Expense	Amount (Monthly)
1
2
3
4
5
6
7
8
9
10
Total

*optionally you could create this in Excel

*How to save this page to your notion account: Read Here