Assume you are retiring this year. Please outline what (estimate) expenses you will have , how much you will receive from social security and how much you should have saved/ investedeach year to comfortably live.

You can use this calculator and adjust your age to 65. Approximate what your expenses will be.

https://www.aarp.org/work/social-security/social-security-benefits-calculator/#!/step1

(Links to an external site.)

Please take a screen shot of the results and do brief write-up addressing any shortfalls you may have. Try to explain how a retirement plan (using time value of money) can help your retirement.