Estimate Your Retirement Expenses

Now that you have a clear vision of your retirement, let's try to figure out what it might cost. Start by estimating your day-to-day living expenses.

• Use the Retirement Expenses Estimator (Remember to enter the unadjusted result in the entry box at the bottom of the page and press save to record the result)

Start a hobby, move, invest in a business. Retirement is often a time of considerable change. Many of these changes can imply considerable one-time expenses or windfalls. A good retirement plan should account for these changes.

• Use our One-Time Expenses Worksheet

Now that you have estimates for your retirement expenses, let’s go on and estimate your income