Retirement Expenses Calculator

As you calculate how much you’ll need to live comfortably in retirement, getting a clear picture of your expenses is crucial. Our retirement expenses calculator helps you estimate your monthly expenses in retirement adjusted for inflation. Since your expenses in retirement change over time, it helps to think of retirement in stages. Your early retirement years may include spending on travel, education, and recreation. You may also be caring for elderly parents. Your expenses are likely to be highest in this stage of retirement. In your middle-retirement years, you are likely to have paid off your mortgage and other debts. Higher medical expenses may creep up on you, and a budget-conscious lifestyle becomes more important. Finally, in your late-retirement years, you may face larger medical bills, and sticking to a strict budget may become more necessary. Enter your expenses into the tool to see what your monthly living expenses in retirement look like.