The Employee Benefits Security Administration (EBSA) has published a new booklet to help Americans calculate the financial resources they will need to ensure a secure retirement. The publication, "Taking the Mystery Out of Retirement Planning," is designed to assist individuals who are within 10 years of retirement calculate their income, savings and likely expenses in retirement. Using these figures, Americans will have a better idea of how much they need to save to ensure that they do not outspend their retirement assets.
Although targeted to individuals approaching retirement, the booklet is also useful for recent retirees.
Free copies of the booklet are available by calling EBSA's toll-free number at 1.866.444.EBSA (3272).