To start thinking about how much you'll need to cover expenses throughout retirement, complete this worksheet with a list of monthly costs along with the guaranteed retirement income you expect to receive.

Then consider filling any income gaps with another source of guaranteed income - like a guaranteed income annuity. You can purchase this type of annuity using money from sources like savings accounts and CDs or a 401(k) or IRA. The money you use to make a purchase will turn into a guaranteed montly income for life.

How much more monthly income will I need?1