Print and use the guide as you work through the modules. Use the print function in your browser to print this page. Once printed close this window and work through the Planning for a Secure Retirement Learning Lesson.
My Personal Record Sheet
Date __________________
Module 1. Are You Ready to Retire?
1a The Retirement Personality Profiler revealed that I am ______________________________
1b Based on the Longevity Game, I will live to be ____________________________________
1b Based on the Life Expectancy Calculator, I will live to be ___________________________
1c Based on the Level of Risk Tolerance calculator, my level of risk is ____________________
1c Based on the How Much Risk Can You Handle, I can handle _________________________
1d My preferred lifestyle in retirement is ____________________________________________
Module 2. How Much Will Your Expenses Be in Retirement?
2a Based on the Retirement Expense Calculator, my expenses will _______________________
2a Based on What Will My Expenses Be, my expenses will ____________________________
Module 3.When Can You Collect Social Security?
3b Based on my birth year, I can receive full retirement benefits at age ___________
3c Based on the Quick Calculator, my benefits at 62 would be ___________________________
3c Based on the Quick Calculator, my benefits at full retirement age would be ______________
3c Based on the Quick Calculator, my benefits at age 70 would be _______________________
Module 4. Would You Like a Quick Estimate of Income Needed in Retirement?
4a Based on the Ballpark Estimate, I need retirement income of $________________________
For the Ballpark Estimate, I assumed that I would have these benefits______________________
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4b My sources of retirement income are ____________________________________________
4d To increase my retirement income, I can __________________________________________
Module 5. Are You Eligible for Medicare & Other Health Benefits?
5a According to Medicare, I will be eligible for Medicare at age _______________________
5a According to Medicare, I can enroll by ___________________________________________
5a According to Medicare, Part B will cost me _________________________________
5c Medigap policies are available for me at __________________________________________
Module 6. Do You Have a Retirement Plan that Your Employer Funds?
6a At my place of work, there is (select one) a retirement plan or no retirement plan.
6a At my place of work, I am (select one) eligible or not eligible for a retirement plan.
6a At my place or work, I make (select one) the maximum contribution or no contribution.
6d. If I make the investment decisions for my retirement plan at work, the last time I reviewed my allocations was _______________________________________________________________.
Module 7. Are You Self-Employed & Responsible for Your Own Retirement?
7a Make a list of retirement plans that would work for you if you are self-employed or a small business owner: _______________________________________________________________
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7d After looking at the Comparison Chart for small business owners, the best plan for me would probably be __________________________________________________________________
Another possible plan for me would be the _________________________________________
Module 8. Do You Have an Individual Retirement Account?
8b Based on the Can I Take a Traditional IRA Deduction, I (select one) am or am not eligible for a tax deductible IRA.
8c Based on the IRA Calculators, (select one) a traditional IRA or a Roth IRA would be the most advantageous for me.
8e Based on the web sites in this module, I can start an IRA by __________________________
Module 9. What Is A Lump Sum Retirement Distribution? What Should You Do With It?
9b After reviewing this site, if I was eligible for a lump sum distribution from a retirement plan, it would be best for me to: (select one)
- a) take the money and pay the taxes
- b) use a rollover to an IRA
- c) leave the money with the current employer.
9d After reviewing this site, I learned that a rollover must be accomplished within ______ days or there will be a tax penalty.
Module 10. Do You Have Other Concerns?
After reviewing 10a, 10b, 10c, 10d, 10e, and 10f, I still need to do the following to help me plan for a secure retirement.
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