Projected Retirement Expense

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One of the most important steps in retirement planning is to estimate your retirement expenses. How much you spend on housing, health care and other living expenses will largely dictate your income needs. You'll also want to estimate your expenses throughout retirement - which today can be 30 years or longer. This calculator helps you estimate your expenses for the first year of retirement, then projects them out for your estimated number of years in retirement using average inflation rates for individual categories.