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FREE RETIREMENT SPENDING CALCULATOR

Retirement Spending Calculator

Plan your retirement budget and see how inflation impacts your spending needs over 30 years. Get a realistic picture of your lifetime expenses.

Monthly Budget

$2,000
$800
$700
$400
$500
$600
3.0%
Historical average: 3.0%
30 years
Current Monthly Total
$5,000
$60,000 per year

Ready to Calculate

Enter your monthly budget on the left and click Calculate to see your lifetime retirement spending projection.

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Average Retirement Spending by Category

How does your budget compare to typical retiree spending?

Housing

35-40%

Typically the largest expense, including property taxes and utilities

Healthcare

15-20%

Increases with age; Medicare doesn't cover everything

Food

12-15%

Groceries and dining out; varies by lifestyle

Planning Tip

Most financial advisors recommend planning for 70-80% of your pre-retirement income. However, the first decade of retirement often sees higher spending due to travel and active lifestyle, followed by reduced spending in later years (except healthcare).

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Important Disclaimer

This calculator provides estimates for educational purposes only and is not financial advice. Actual retirement expenses vary widely based on location, health, lifestyle, and unexpected events. Inflation rates fluctuate. Always consult with a qualified financial advisor before making retirement planning decisions.