By the time you retire, will you have enough money to pay your bills and meet your needs? What is your number? Go to the AARP Retirement Calculator and follow the step-by-step instructions.

You’ll find the calculator at:

http://www.aarp.org/work/retirement-planning/retirement_calculator.html#/your-options

Just follow the instructions, step-by-step.

In Step 1 of the calculator you will enter information that is specific to your situation.

In Step 2 your number will be calculated as the “Minimum needed to retire” based on the information that is entered in Step 1.

Once you’ve made the calculations, answer the following questions:

1. What is your number (minimum needed to retire)?

2. Complete a second calculation by delaying your retirement age and/or changing the percentage that you are saving.

3.Write a 250 word summary of 1) what the numbers are and what variables that were used (income, retirement age, saving percentage) 2) how did changing the retirement age and/or savings amount cause the number to change 3) your overall thoughts regarding your retirement plan.