Estimate your Social Security and other income


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life

Most retirees have several sources of income besides their own retirement savings. Social Security and Veteran’s Pensions are the two most common governmental programs.

Plus, many retirees qualify for one or more pension (defined-benefit) plans from former employers. You can contact your former employer’s human resources department for an estimate of the monthly benefit for which you are eligible.

The following resources may assist you in estimating your Social Security and other income:

Social Security’s Retirement Benefit Estimator

Understanding the Types of Employer-based Retirement Plans

Retirement Services for Military Retirees


Entering Retirement Tasks

1. Selecting your retirement lifestyle
2. Estimating your monthly retirement income
3. Setting up your spending plan
4. Enrolling in Social Security and Medicare
5. Managing taxes during retirement

Estimating your monthly retirement income Subtasks

1. Set a withdrawal rate from your retirement investment accounts
2. Estimate your Social Security and other income
3. Consolidate your IRA and 401(k) – type plans

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