RETIRE version 3.             INTRODUCTION

         RETIRE is a tool for planning your retirement. It helps you create a 
personalized data base of personal and financial information critical to your 
retirement. Flexible categories handle most situations and include a 
comprehensive cost of living module which separates expenses by inflation 
sensitivity. It allows for the planning of major post retirement expenditures 
and cash collections as well as reductions in expenses due to old age. 
Provisions are made for Social Security, 401k plans, selling of a home and 
much more. 

         The program assumes that one prime source of income after retirement 
will be a monthly pension or annuity payment and therefore displays the 
advantages or disadvantages for that particular user, of up to 17 different 
types of pension options that are normally offered to employees. (I.E. single 
life, 100% survivor, 10 year certain, etc.) It analyses and reports in detail 
on each option. If calculations indicate that savings will run out, the 
program indicates at what age and what percentage of necessary income remains. 

         You may change data such as rate of inflation, age at death, costs of 
living, contingency plans, etc to recalculate and further focus in on the 
particulars of your personal retirement situation.