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Don’t Make Me Say I Told You So 247

Social Spouse’s Company Spouse’s
Security Soc. Sec. Pension Pension

Investment Part-Time Inheritance Other
Assets Work

3. What is your “number”?

Using the figure for the amount of income you would like to
have in retirement, subtract the amount that you will have from

“guaranteed” sources of retirement income. These are routine
and predictable payments that aren’t subject to fluctuation

because of changes in interest rates, stock market volatility, etc.
Your guaranteed income, which may include Social Security,

pensions, and income from rental properties you own, would
ideally be enough to cover your essential expenses. Any

shortfall is the amount of income you’ll need to generate from
your investments or from employment.

Chapter 6: Your Action Plan