On the “Retirement Savings” worksheet, format the cells with appropriate number type (currency, percent, etc.).

1. In the green boxes enter annual deposits $6,000, with expected return 3.5%, time of retirement of 65, years in retirement of 20 and expected return in retirement 3%.
2. In cell B5, use the FV function to determine how much your savings are worth at retirement.

In cell B10, use the PMT function to see how much you can spend each year in retirement.