Tuesday, June 10, 2008

Taking The Mystery Out Of Retirement

Uncle Sam offers a useful retirement planning and financial education tool "Taking the Mystery Out of Retirement Planning". The Department of Labor offers the sixty two page booklet as a free download from their web site, or as a free printed booklet by calling 1-866-444-3272.

The online worksheets walk you through the budgeting process and calculate future needs adjusted for inflation. Finally, the program will calculate the monthly saving you'll need to maintain your lifestyle. Although the calculator is designed for those 50 and over it is a helpful exercise for all who have questions about their retirement needs.

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