WORKSHOP The Internet provides some excellent retirement income calculators. You can find one by Googling "retirement income calculator." Many of the calculators allow you to determine your predicted annual income from a retirement nest egg under different assumptions. For example, you can spend only the investment income generated from the nest egg. Most retirees try not to touch the principal. Or, you can spend both the income and the nest egg itself. These calculators let you input the size of the retirement wealth and the investment return to be earned. They then make time value computations to determine the annual income the nest egg will provide. Go to a retirement income calculator like the one at MSN Money. Use the calculator to create a retirement scenario. You should ensure you properly understand at what age you plan to retire, what monthly income you will need to have a certain lifestyle and for how many years you expect to receive it. It would be ideal if you were to consider a few options, so you have an agenda to discuss in the class