Rutgers New Jersey Agricultural Experiment Station [Later Life Farming]

Module 4: How Much Do I Need to Save?

Photo: Picking Corn.

In this module, you'll find tools to help you calculate what you need to save for a comfortable retirement. With both the Ballpark E$timate and How Much Do I Need to Save for Retirement? worksheets, you get to make your own personal assumptions about factors such as retirement age and the length of your retirement. Also included are links to online calculators and a research paper about how U.S. farmers plan for retirement.

  1. Ballpark E$timate Worksheet
  2. How Much Do I Need to Save for Retirement?
  3. Retirement Savings Calculators
  4. How Do U.S. Farmers Plan for Retirement?

Identifying Personal Financial Needs

Personal finance tips and tools for working and retirement years. Identifying retirement needs and communicating them to family members.

(Workshop financially supported by the USDA and Northeast Extension Risk Management Education.)

Identifying Financial Needs for Now and The Future

Where should you begin when determining the financial needs for now and in the future. What will your farm transfer plan look like to support those needs?

(Workshop financially supported by the USDA and Northeast Extension Risk Management Education.)

Useful Links

-----