Retirement expense worksheet
This worksheet may be used to help create your strategy for managing income in retirement. It will help you outline expected income and
expenses during retirement so you can identify any gaps in your plan. And while this worksheet can help you budget for essential and
discretionary retirement expenses, be sure to also set aside money to cover unexpected expenses.
Monthly Expenses
Essential Expense
Amount
Housing
Mortgage or Rent
Second Mortgage or Rent
Condo or Association Fees
Insurance
Electricity/Gas
Water/Sewer
Waste Removal
Maintenance/Repairs
Lawn Care
Phone/Cell Phone
Internet
Cable/Satellite
Other
Subtotals:
Essential Expense
Amount
Food, entertainment, and activities
Groceries
Dining Out
Movies/Concerts/Live Events
Hobbies
Membership Dues
Other
Subtotals:
Car Payment 1
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Car Payment 2
Auto Insurance
Gas
Parking
Bus/Taxi Fare
Maintenance/Repairs
Licensing/Tags
Other
Essential Expense
Amount
Savings
Taxable
Tax-Deferred
Tax-Exempt
Subtotals:
0.00
0.00
0.00
0.00
0.00
Essential Expense
Amount
Taxes
Federal
State
Local
Other
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Essential Expense
Amount
Transportation
Other
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Subtotals:
0.00
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
0.00
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
Worksheet Notes:
Name:
Address:
Type your notes
here
Phone Number:
Personal
Clothing
Personal Care
Child Care
Elder Care
Pet Care
Professional Fees (legal, tax)
Alimony
Child Support
Other
Subtotals:
Healthcare and insurance
Medical Services
Dental Services
Prescriptions and Medications
Health Insurance
Long-Term Care Insurance
Life Insurance
Other
Subtotals:
Loans and debt
Personal
Student
Credit Card
Other
Subtotals:
Gifts and donations
Holiday Gifts
Birthdays
Charity - Tax Deductible
Charity - Non-Tax Deductable
Other
Subtotals:
Total Ess
Total Discreti
0.00
0.00
(continued on back page)
Phone/Cell
Phone
Phone
Number:
InternetPhone Number:
Cable/Satellite
Child Care
Elder Care
Personal
Other
Personal
Subtotals:
Clothing
Clothing Care
Personal
Personal
Child
CareCare
Food, entertainment, and activities
Child Care
Elder
Groceries
Elder
Care
Pet
Care
Dining
Pet
CareOut Fees (legal, tax)
Professional
Movies/Concerts/Live
Professional
Fees (legal,Events
tax)
Alimony
Hobbies
Alimony
Child
Support
Membership
Child
SupportDues
Other
Other
Other
Other
Amount
Essential Expense
Discretionary Expense
Expense
Essential
Expense
Amount
Amount
Essential
Expense Discretionary
Discretionary
Expense
Amount
Amount
Amount
Amount
Medical Services
Car Payment
1
Medical
Services
Dental
Services
Car Payment
2 Medications
Dental
Services
Prescriptions
and
Auto
Insurance
Prescriptions
and Medications
Health
Insurance
Gas Insurance
Health
Long-Term
Care Insurance
Licensing/Tags
Amount
Discretionary Expense
Amount
Discretionary
Expense
0.00
0.00
Essential Expense
0.00Discretionary Expense
0.00
Amount
Amount
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Subtotals:
Subtotals:
0.00
0.00
Subtotals:
Healthcare and insurance
Transportation
Healthcare
and insurance
Parking
Long-Term
Care Insurance
Life
Insurance
Bus/Taxi
Fare
Life
Insurance
Other
Maintenance/Repairs
Other
Essential Expense
Amount
Essential
Expense
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Subtotals:
Subtotals:
Essential Expense
Amount
Essential
Expense
Loans and debt
Loans and debt
Amount
Personal
Personal
Student
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Student
Credit
Card
Taxable
Credit
Card
Other
Tax-Deferred
Other
0.00
0.00
0.00
0.00
Subtotals:
Subtotals:
Tax-Exempt
Other
Gifts and donations
Gifts and donations
Subtotals:
Amount
Holiday Gifts
Holiday
Birthdays
Taxes Gifts
Worksheet Notes:
Child Support
Other
Type your notes here
Amount
0.00
0.00
0.00
0.00
Discretionary Expense
Amount
Discretionary
Expense
0.00
0.00
0.00
0.00
0.00
Subtotals:
Subtotals:
Subtotals:
Total Essential Expenses:
Total Essential Expenses:
Total Discretionary Expenses:
Total Discretionary Expenses:
Medical Services
Dental Services
Prescriptions and Medications
Health Insurance
Long-Term Care Insurance
Life Insurance
Other
Subtotals:
Loans and debt
Personal
Student
Credit Card
Other
Amount
Salary 1
Holiday Gifts
Birthdays
Charity - Tax Deductible
Charity - Non-Tax Deductable
Other
Subtotals:
Amount
Total Es
0.00
0.00
0.00
0.00
0.00
Total Discret
0.00
0.00
Total Income:
Net Income:
0.00
0.00
Pensions
0.00
0.00
Total
______________
NOT INSURED BY FDIC OR ANY FEDERAL GOVERNMENT AGENCY 0.00
MAY LOSE VALUE
NOTIncome:
A DEPOSIT OF OR
GUARANTEED BY A BANK OR ANY BANK AFFILIATE
INVESTMENT
PRODUCTS:
Social Security
1
Social Security 2
0.00
Annuities
Total
Income:
0.00
0.00
Net Income: _______________
INVESTMENT
PRODUCTS:
Total
Income:
IRA/401(k)
Accounts
0.00
Net
Income:
NOT
INSURED
BYAccounts
FDIC OR ANY FEDERAL GOVERNMENT AGENCY MAY LOSE VALUE NOT A0.00
DEPOSIT OF OR GUARANTEED BY A BANK OR ANY BANK AFFILIATE
Investment
Net
Income:
Other
0.00
Other
0.00
INVESTMENTS
AND INSURANCE PRODUCTS: NOT FDIC INSURED NOT BANK GUARANTEED 0.00
MAY LOSE VALUE
Subtotals:
Salary 2
INVESTMENTS AND INSURANCE PRODUCTS:
NOT FDIC INSURED
NOT BANK GUARANTEED
Subtotals:
Gifts and donations
Monthly Income
Sources of income
Subtotals:
Healthcare and insurance
Essential Expense
0.00
0.00Discretionary Expense
Amount
Amount
Birthdays
Charity
- Tax Deductible
Federal- Non-Tax
Charity
Tax Deductible
Deductable
State - Non-Tax Deductable
Charity
Other
Local
Other
Other
Essential Expense
Amount
Essential
Expense
Professional Fees (legal, tax)
Alimony
Discretionary Expense
Amount
Discretionary
Expense
Essential Expense
0.00Discretionary Expense
0.00
Amount
Amount
Savings
Pet Care
MAY LOSE VALUE
Investment products and services are offered through Financial Advisors at Wells Fargo Advisors.
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC,
separate
registered
broker-dealers
and non-bank
INVESTMENTS
IN STOCKS,
BONDS, AND MUTUAL
FUNDS: affiliates of Wells Fargo & Company.
© 2016 Wells Fargo Bank, N.A. All rights reserved. 0316-06160 ECG-3320602
NOT FDIC INSURED
NOT BANK GUARANTEED
MAY LOSE VALUE