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Part: 5 Here's Our Advice > Eight Steps to Financial Independence - Pg. 264

Worksheets Periodic Expenses (Variable) Retiree medical **** Other: Total Periodic Expenses plus (+) Total Regular Expenses equals (=) Current Annual Expenses Estimated Annual Expenses in Retire- ment * In 264 Current Monthly Expenses __________ __________ $ $ $ X __________ __________ __________ 12 __________ __________ $ $ $ X Estimated Monthly Retirement Expenses __________ __________ __________ __________ __________ 12 today's dollars. ** May be included in your mortgage payments. *** 401(k), 403(b), IRA, etc **** As a rule of thumb, use $250­$350 per month for post-retirement Medical, Medicare Part B, and other related expenses. Worksheet 4: When Can You Afford to Retire? What Do I Want? (Worksheet 3) Your retirement goal (age) Current annual expenses Annual retirement expenses Percent retirement lifestyle will require of current annual income _______ $ $ _______ _______ _______%