Pension Analysis
Meet Theresa
This is Theresa's retirement plan
Full-Time Salary
Teacher's Salary
Cost of Living
Food & day-to-day costs
- $27k /yr
Home Mortgage
- $12k /yr
Healthcare Costs
- $24k /yr
Travel & Leisure
- $10k /yr
State Pension Plan
50% of Salary
Retirement Income
$45k /yr
Retirement Expenses
$73k /yr
Full-Time Salary
Teacher's Salary
Cost of Living
Food & day-to-day costs
- $27k /yr
Home Mortgage
- $12k /yr
Healthcare Costs
- $24k /yr
Travel & Leisure
- $10k /yr
State Pension Plan
50% of Salary
Retirement Income
$45k /yr
Retirement Expenses
$73k /yr
Full-Time Salary
Teacher's Salary
State Pension Plan
50% of Salary
Retirement Income
$45k /yr
Cost of Living
Food & day-to-day costs
- $27k /yr
Home Mortgage
- $12k /yr
Healthcare Costs
- $24k /yr
Travel & Leisure
- $10k /yr
Retirement Expenses
$73k /yr
Your Retirement Income should match your Retirement Expenses
If you’re healthy, the likelihood of living into your 90’s or even reaching 100 is very real.
Although you can expect your state defined benefit retirement plan to last as long as you live, your plan income may average only a percentage of your final salary. Plus, your benefits may not meet all your retirement living expenses or cover emergencies.
Here are some important factors to consider:
Planning for retirement is complex.
Will your retirement savings still cover your anticipated retirement expenses? Have you accounted for spousal benefit needs? We’ll help you with the math for all of it.
We’ll help you weigh your options.
Will your retirement savings still cover your anticipated retirement expenses? Have you accounted for spousal benefit needs? We’ll help you with the math for all of it.
We’ll help you weigh your options.
Will your retirement savings still cover your anticipated retirement expenses? Have you accounted for spousal benefit needs? We’ll help you with the math for all of it.