RetireNerd Planning Tool

Retirement Spending Planner

Build the retirement budget most calculators miss. Add dependable income, everyday expenses and uneven costs, then see what your savings may need to provide.

Step 1

Enter your retirement income

Use monthly amounts you expect to receive reliably. Leave planned portfolio withdrawals out—we calculate that gap for you.

Your Social Security

Spouse Social Security

Your pension

Spouse pension

Work or business income

Annuity income

Net rental income

Other reliable income

Step 2

Enter your retirement expenses

Monthly fields are counted as entered. Annual fields are divided by 12 automatically.

Housing & utilitiesThe roof over your head and the cost to keep it running.$0/mo

Mortgage or rentMonthly amount

Property tax, HOA and homeowners insuranceMonthly amount

Utilities, phone and internetMonthly amount

Home repairs and maintenanceAnnual amount

Everyday livingFood, household needs and the spending that fills an ordinary month.$0/mo

Groceries and household suppliesMonthly amount

Dining outMonthly amount

Clothing and personal careMonthly amount

Subscriptions and membershipsMonthly amount

HealthcareInclude premiums plus costs Medicare or insurance may not fully cover.$0/mo

Medicare or insurance premiumsMonthly amount

Prescriptions, copays and routine careMonthly amount

Dental, vision and hearingAnnual amount

Long-term care insurance or provisionMonthly amount

TransportationInclude the cost of replacing a vehicle, not only driving it today.$0/mo

Car paymentMonthly amount

Fuel, parking or public transitMonthly amount

Auto insuranceMonthly amount

Repairs and future vehicle replacementAnnual amount

Debt paymentsPayments that continue into retirement increase what your plan must support.$0/mo

Credit cardsMonthly amount

Personal or student loansMonthly amount

Other required debt paymentsMonthly amount

Travel & retirement lifeThe activities and relationships you want retirement to make room for.$0/mo

Travel and vacationsAnnual amount

Hobbies, clubs and activitiesMonthly amount

Entertainment and eventsMonthly amount

Gifts and family helpAnnual amount

TaxesRetirement income can still create federal, state and local tax bills.$0/mo

Federal and state income taxAnnual amount

Other taxes not listed aboveAnnual amount

Irregular & one-time costsTurn infrequent bills into an annual amount so they do not disappear from the plan.$0/mo

Major home projectAnnual amount

Vehicle or major purchaseAnnual amount

Family support or caregivingAnnual amount

Other irregular costsAnnual amount

Step 3

Review the planning assumptions

These two choices help turn your spending gap into a rough portfolio and reserve checkpoint.

Starting withdrawal rate i Emergency cash already set aside

Your entries save automatically in this browser.

Use the result as a roadmap

A useful retirement budget answers more than “What do I spend now?”

Your annual retirement spending is the life you want to fund. Reliable income may cover part of it. The remaining gap is what withdrawals from savings may need to cover. Separating essential, flexible and irregular costs also shows what you could change during a difficult market year—and which bills will not wait.

Test the complete plan

Take your spending and income estimates into the Retirement Planner & Modeler to test investments, taxes and market scenarios.

Model My Retirement Plan →

Educational estimate: Results depend on the amounts you enter. The portfolio checkpoint is a simplified first-year withdrawal estimate and does not model investment returns, inflation, taxes, healthcare changes, sequence risk or longevity. It is not financial, tax or investment advice.

Educational purposes only — read the Financial & Educational Disclaimer

Retirement Spending Planner

A useful retirement budget answers more than “What do I spend now?”

Take your spending and income estimates into the Retirement Planner & Modeler to test investments, taxes and market scenarios.

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