In order to estimate your retirement income shortfall in the first year of retirement, you need to subtract your expected employer pension plan income from your before-tax income needs in your first year of retirement and then ________ the expected Social Security benefits.

Question

Quizplus · Accepted Answer

Subtracting the expected Social Security benefits from the difference between your expected employer pension plan income and your before-tax income needs in your first year of retirement will give you an estimate of your retirement income shortfall in the first year of retirement.

In Order to Estimate Your Retirement Income Shortfall in the First