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TRUMP UNIVERSITY WEALTH BUILDING 101

Downloadable Exhibit 16.1 (Continued)
Step 5: $________________________
Annual amount needed to close the gap (Step 2 Steps 3 and 4).
Step 6: $________________________
Current retirement savings, including all retirement-plan accounts, any other
corporate savings plans, plus savings/investments in regular accounts. (Do not
include life insurance.)
Step 7: Select the 4 percent infl ation multiplier from the table below based on the
number of years until you retire:

Years Until Retirement Infl ation Multiplier

1 1.04
2 1.08
3 1.12
4 1.17
5 1.22
8 1.37
10 1.48
13 1.67
15 1.80
18 2.03
20 2.19

Step 8: $________________________
Your annual income goal during retirement (Step 2 Step 7).

Step 9: $________________________
Annual income shortfall at retirement (Step 5 Step 7).

Step 10: $________________________
How much additional capital you’ll need during retirement (Step 9 the suitable
multiplier below).

Years in Retirement Your Assumed Investment Return
During Retirement
6% 7% 8%
15 years 13.17 12.39 11.67
20 years 16.79 15.47 14.31
25 years 20.08 18.15 16.49
30 years 23.07 20.47 18.30

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