■ Retirement
Retirement Expenses Worksheet.
Estimate your annual expenses in retirement to plan your savings target accurately.
100%
Free
0
Login
~60s
To run
What the Retirement Expenses Worksheet actually does.
Our Retirement Expenses Worksheet helps you estimate what you'll actually spend each year in retirement, category by category. Most retirement plans fail because the person guessed at a lifestyle number — this tool forces you to build it up line by line.
Once you have the annual number, everything else clicks into place: the required nest egg (25× the annual figure is a common target), the monthly contribution to get there, and the realistic retirement date.
Annual Total
$0
Monthly
$0
Enter your estimated expenses
to see your retirement budget.
For informational purposes only. Results are estimates and do not constitute financial advice. Consult a qualified professional before making financial decisions.
■ How to use it
- 01
Fill in each expense category (housing, food, travel, healthcare, etc.).
- 02
Adjust each for expected retirement lifestyle (some go up, some go down).
- 03
The worksheet totals your annual retirement expenses.
- 04
Use the total in our Retirement Calculator to set a savings target.
■ What you'll get out of it
- Build a realistic annual retirement budget.
- Catch categories that usually get missed (healthcare, travel, hobbies).
- Know your target nest egg with confidence.
- Pair with other tools to build a full retirement plan.
Anyone within 5–10 years of retirement.
Couples planning a retirement date together.
Early retirees (FIRE) stress-testing their withdrawal rate.
Common questions about this tool.
Do expenses go up or down in retirement?
+−
Usually a mix. Commute, work clothes, and retirement contributions drop. Healthcare, travel, and hobbies often rise. Most retirees end up spending about 70–80% of their pre-retirement income, but it varies widely.
How much should I budget for healthcare?
+−
Fidelity's annual estimate is around $165K in total healthcare costs for a 65-year-old couple through retirement. Budget at least $6K–$10K/year even with Medicare, and more if you'll retire before Medicare eligibility.
What about inflation?
+−
Use today's dollars in the worksheet, then plan a slightly higher withdrawal rate to cover inflation (historically ~3%/year). Social Security's cost-of-living adjustments help offset some of it.
Retirement
Retirement Calculator
Determine how much to save each month to reach your retirement goal comfortably.
Budgeting
Budget Calculator
Analyze income and expenses to keep your monthly spending on track.
Wealth
Net Worth Calculator
Compare all your assets against liabilities to get a complete financial picture.
Need
More?
Our CPAs, Enrolled Agents, and Financial Planners can build a personalized strategy for your business — not just an estimate. Start planning the SMAART way.
Free Consultation →