Common retirement expenses
Tap a category to see typical expenses. Amounts are national medians — adjust to your situation.
Scenarios
Save your current expense list under a name, then load it back anytime to compare scenarios.
Import / export plan
Save your expense list to a file, or load one you exported earlier.
Tips for estimating
- Start with current expenses. Look at your last 3 months of bank and credit card statements — most people underestimate by 20-30%.
- What goes away. Commuting, work clothes, payroll taxes, and retirement savings. These typically save $500-1,500/mo.
- What goes up. Healthcare is the big one — plan for $500-800/mo per person. Travel and hobbies often spike early in retirement.
- The 80% rule is rough. The common advice that you'll spend 80% of your pre-retirement income is a starting point, not a plan. Your number depends on your lifestyle.
- Use end dates. A mortgage that's paid off at 70, a car payment that ends in 3 years, pre-65 health insurance — setting these makes your estimate more realistic.
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All amounts are in today's dollars. The retirement calculator adjusts for inflation automatically, so enter what things cost now. Expenses with end dates will stop at that point — use this for mortgages, car payments, pre-65 health insurance, or any other temporary cost. Your expense list is saved in your browser and persists between visits.