00:00 Introduction
00:09 Seven Steps of Retirement Planning
00:19 Step 1: Set Goals
01:56 Step 2: Estimate How Much You Will Need
03:20 Step 3: Estimate Income at Retirement
03:45 Step 4: Calculate the Annual Inflation-Adjusted Shortfall
04:19 Step 5: Calculate How Much You Need to Cover This Shortfall
04:57 Step 6: Determine How Much You Must Save Annually Between Now and Retirement
05:11 Step 7: Put the Plan in Play and Start Saving
06:18 Example for Illustration

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