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For more detailed planning, consider using tools like a retirement calculator or a retirement budgeting worksheet to estimate your income and expenses.
First, you’ll need to calculate your estimated retirement income. Many experts recommend 80 percent of your current expenses since some costs — like a monthly mortgage payment or commuting ...
The calculator will tell you how much money you’ll need for the number of years you expect to live in retirement.
Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.
After you calculate your expenses and your retirement income, you can figure out how much money is left over for investing in retirement.
OpenOffice included a word processor (Writer), a spreadsheet (Calc), a presentation application (Impress), a drawing application (Draw), a formula editor (Math), and a database management application (Base). [16] Its default file format was the OpenDocument Format (ODF), an ISO / IEC standard, which originated with OpenOffice.org. It could also read a wide variety of other file formats, with ...
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