University of Illinois Extension

How much money will I need for retirement?

Steps in retirement planning

Identify and set goals

Determine your net worth

How will my spending plan change in retirement?

How long will you live?

Anticipating your needs

Estimating retirement income

Social Security

Pensions

Savings and investments

Apply what you have learned

Matching income to out-go

Inflation, the hidden enemy

Retirement planning financial security tips

Computer programs to the rescue

For further reading/ References

 

 

 

Guide to a secure retirement. (1994). Ellis, J. and Editors of Money Magazine, Time, Inc.

McAleese, T. (1993). Money power for retirement. Hawthorne, NJ: Career Press.

Scholen, K. (1994). Home-made money: Consumer's guide to home equity conversion. Washington, D.C.: AARP.

Smith, C. (1994). Destination: Retirement. Kokomo, IN: Blue Sky Publishing.

National Center for Home Equity Conversion. Reverse mortgage locator. Send a self-addressed stamped envelope and a check for $1.00 to NCHEC, Suite 115, 7373 147th Street W., Apple Valley, MN 55124.

Books and bytes: Computer programs for retirement planning. (1995, April). Mutual Funds, 83-84.

Dorning, M. (1995, May 11). Experts call baby boomers retirement saving too little, too late. Chicago Tribune, 4.

Garman, T. E., & Forgue, R. E. (1994). Personal finance. Boston: Houghton Mifflin Co.

Hogarth, J. (1991). Planning a retirement budget. Consumer Economics and Housing Topics. Ithaca, NY: State College of Human Ecology, Cornell University.

Howell, B. R. (1990). Financial planning for retirement. Mississippi State: Mississippi State University.

Worker retirement savings drop. (1995, Winter). Journal of the International Society for Retirement Planning, 4, 7.

Kapoor, J. R., Dlabay, L. R., & Hughes, R. J. (1994). Personal finance. Burr Ridge: IL: Richard D. Irwin.

Kuhn, S. (1993). How you can afford to retire well. Fortune Magazine, 128(2), 106-108.

The path to poverty: An analysis of women's retirement income. (1995). Washington, D.C.: Older Woman's League Mother's Day Report.

Pond, J. (1995). Early retirement strategies, what to do now. Bottom Line Personal 16(4), 7-8.

Wiatrowski, W. J.(1993). Factors affecting retirement income. Family Economics Review, 7(4), 33-35.

World Almanac and Book of Facts (1995). Mahwah, NJ: Funk & Wagnalls Corporation, 67.

 

 

 

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