A. The best way to make sure you have sufficient income from your savings and social security benefits is to perform regular check ups, using some free online tools, such as the T. Rowe Price's Retirement Income Calculator.
In the tool, you will plug in the amount you already saved, the percentage of salary you are contributing, and the age at which you plan to retire. The calculator will tell you the possibility you will be able to retire on that schedule with enough income to support your lifestyle.