How will retirement impact my living expenses?

Your living expenses may increase or decrease at retirement but will likely not stay the same. You may travel more, reduce business expenses such as eating out and transportation costs, perhaps your house will be paid off. Use this calculator to help compare living expenses now from the day you retire. This will also help you to plan your saving requirements for the day you retire.

Assumptions

Monthly or annual figures?

Itemized Income

	Pre-Retirement	Post-Retirement
Wages, salary and tips ($)
Alimony, child support (received) ($)
Dividends from stocks, etc. ($)
Interest on savings accounts, CDs, etc. ($)
Social Security benefits ($)
Pensions ($)
Other income ($)

Itemized Expenses

	Pre-Retirement	Post-Retirement
Mortgage payment or rent ($)
Vacation home (mortgage) ($)
Automobile loan(s) ($)
Personal loan(s) ($)
Charge accounts ($)
Federal income taxes ($)
State income taxes ($)
FICA (Social Security taxes) ($)
Real estate taxes ($)
Other taxes ($)
Utilities ($)
Household repairs and maintenance ($)
Food ($)
Clothing and laundry ($)
Educational expenses ($)
Child care ($)
Automobile expenses (gas, repairs, etc.) ($)
Other transportation expenses ($)
Life insurance premiums ($)
Homeowners (renters) insurance ($)
Automobile insurance ($)
Medical, dental and disability insurance ($)
Entertainment and dining ($)
Recreation and travel ($)
Club dues ($)
Hobbies ($)
Gifts ($)
Major home improvements and furnishings ($)
Professional services ($)
Charitable contributions ($)
Other and miscellaneous expenses ($)

Your Email Address I am currently a member of Santa Clara County Federal Credit Union.

Please email me special offers and promotions. We never sell your information to third parties and is for internal promotional use only.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company or its affiliates and email service provider, DocuMatix, Inc, assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. Use of service is provided without warranty of any kind, either express, implied or statutory, including FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, AND ACCURACY. Use of service is entirely at users own risk and user should seek professional financial and legal advice without reliance on service. Provider and email service provider shall not be liable for any lost profits, lost business, direct or indirect, punitive or consequential damages or damages of any kind arising out of service use. This agreement shall be governed and enforced by Utah law, with courts located in Salt Lake County, Utah the sole and exclusive venue. User agrees to indemnify and hold harmless company, email service provider, and affiliates from any and all liabilities and costs (including attorney fees) for any improper use or violation of these terms.