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.
The information provided here is not intended to provide investment advice or portray actual investment results. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should only be relied upon when coordinated with individual advice from qualified professionals.
Mercer HR Services, LLC does not endorse and is not responsible for the content, or any of the policies, activities, products or services offered by CalcXML.
Mercer HR Services, LLC does not endorse and is not responsible for the content, or any of the policies, activities, products or services offered by CalcXML.