retirement planning budget worksheet
DESCRIPTION
To help you budget for retirement, use this worksheet to identify which of your expense may go up or down in retirement. You can also use our detailed budget worksheets to determien which expenses are included in each category. http://www.slideshare.net/NorthwesternMutual/detailed-retirement-budget-wTRANSCRIPT
Retirement Expense Estimate Reverse Budget
Current Lifestyle Expenses Expenses that may go DOWN Expenses that may go UP
After-Tax Income
Debt Payments – Health Expenses +
Clothing – Travel +
Professional Dues – Hobbies +
Commuting – Entertainment +
– +
– – +
– +
– +
Current expenses
ATotal reductions
BTotal increases
C
Estimated RetirementExpenses (A minus B plus C)
Needs(Essential)
Wants(Discretionary)
Less Savings
Total
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