Retirement Savings & Income Worksheet — VUB Financial Readiness Course

1Fund Reference — if your account is a TSP

Fund	Full Name	Risk Level	What It Tracks
G Fund	Government Securities	Lowest risk	Government bonds
F Fund	Fixed Income	Low-moderate risk	Bond index
C Fund	Common Stock	Moderate risk	S&P 500 index
S Fund	Small Cap	Higher risk	Small/mid-cap index
I Fund	International	Higher risk	International index
L Funds	Lifecycle	Auto-adjusting	Target-date blend

If your account is a 401(k), 403(b), or IRA

The tax rules, RMDs (age 73/75), and Traditional vs Roth distinction are identical. What differs is the fund menu — your plan will have its own list of mutual funds or ETFs. Three things to look up: current allocation (stocks vs bonds vs cash), expense ratio (below 0.50% is good, below 0.10% is great), and whether a target-date fund is offered as a simple default.

2Three-Bucket Strategy

Liquidity

1 – 5 Years

Cash, CDs,
Money Market

Lifestyle

3 – 10 Years

Bonds,
Balanced Funds

Legacy

10+ Years

Stocks,
Growth Assets

Rule: Draw from Liquidity only. Never sell Legacy in a downturn.

34% Rule Quick Math

$250K

$10,000/yr

$833/mo

$500K

$20,000/yr

$1,667/mo

$750K

$30,000/yr

$2,500/mo

$1M

$40,000/yr

$3,333/mo

4My Retirement Income

Pension — military retired pay or civilian (taxable) $ ___________ /mo

VA Disability (tax-free) $ ___________ /mo

Social Security (partially taxable) $ ___________ /mo

TSP / 401(k) / 403(b) / IRA Withdrawals (traditional: taxable · Roth: tax-free) $ ___________ /mo

Other Income (part-time work, rental, annuity, etc.) $ ___________ /mo

TOTAL MONTHLY INCOME $ ___________ /mo

State Tax Tip

9 states with no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming

Warning: No income tax does not mean low cost of living. Watch for higher property taxes, sales taxes, and insurance costs.