HTML Preview Retirement Budget Worksheet page number 1.
Many retirees nd that their essential expenses in retirement take up a lot of their income. Creating a budget to help get a
general idea of what you’re spending is a smart decision. If you are looking for a target starting point for assessing what your
expenses might be in retirement and you’re uncertain where to begin, you might consider using a rough estimate of 70% as
essential and 30% discretionary (or nonessential) spending. Of course, your actual budget will vary based on your lifestyle
and personal situation.
Essential budget items Per month
Household expenses
Mortgage/rent
$
Utilities/cable/internet
$
General maintenance
$
Household supplies
$
Property tax & insurance
$
Credit card debt payments
$
Meals
Groceries
$
Beverages
$
Essential entertaining
$
Personal care
Clothing
$
Products/maintenance
$
Healthcare
Medicare/supplemental insurance
$
Out-of-pocket payments
$
Dental
$
Eye doctor/glasses
$
Other essential expenses
$
Transportation
Car payments/auto insurance
$
Maintenance and fuel
$
Taxes, registration, etc.
$
Essential transportation costs
$
Discretionary budget items Per month
Household expenses
Home improvement
$
New purchases
$
$
$
$
$
Meals
Dining out
$
Entertaining
$
$
Personal care
The extras
$
Products/maintenance
$
Healthcare
Other out-of-pocket insurance
$
$
$
$
$
Transportation
Discretionary travel
$
Vacations
$
Upgrades
$
Other
$
Retirement Budget Worksheet