Retirement Income Gap Analysis
Do you have an income gap in your retirement plan?
Ensuring you have the resources you need to retire can be daunting. One way to think about planning for a stable retirement is to secure a source of guaranteed lifetime income — an income stream that will pay as long as you and/or a spouse are alive. These sources may include Social Security, pension, and annuities.
There are three types of expenses in retirement:
- Essential expenses such as a mortgage, utilities, insurance premiums, etc.
- Lifestyle expenses are things you could do without, but are important to the retirement lifestyle you imagine.
- Nice-to-haves cover spending you’d feel comfortable going without If you had to.
Use our calculator to add up your expenses and compare to your sources of guaranteed lifetime income.
Contact Information
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- 2 Charles St., Suite 3A Providence, RI 02903
