| Essential Lifestyle Expenses | Monthly Cost |
|---|---|
| Housing (e.g. mortgage payments, rent, property taxes) | |
| Utilities (e.g. gas, water, electricity, mobile phone, cable) | |
| Food/Groceries/Meals | |
| Transportation (e.g. car payments, insurance, gas, maintenance) | |
| Personal (e.g. clothing, haircuts, dry cleaning, toiletries) | |
| Healthcare (e.g. Medicare premiums, supplemental insurance, prescriptions, and other) | |
| Life, Disability and Long-Term Care Insurance | |
| Income Taxes (e.g. federal, state) | |
| Monthly Essential Lifestyle Expenses: | |
| Annual Essential Lifestyle Expenses: | |
| Leisurely Lifestyle Expenses | Monthly Cost |
| Entertainment (e.g. movies, theater, entertainment, sporting events) | |
| Travel & Recreation (e.g. hotels, airfare, and RV/boat expenses) | |
| Memberships (e.g.golf, healthclub, yoga) | |
| Gifts and Donations | |
| Monthly Leisurely Lifestyle Expenses: | |
| Annual Leisurely Lifestyle Expenses: | |
| Annual Essential Lifestyle Expenses | |
| Annual Discretionary Lifestyle Expenses | |
| Total Annual Expenses | |
Determine Your Annual Guaranteed Income | |
| Guaranteed Sources of Income | Monthly Income |
| Social Security | |
| Pensions: | |
| Annuities (e.g. guaranteed lifetime withdrawals or annuity payments) | |
| Other | |
| Monthly Guaranteed Income | |
| Total Annual Guaranteed Income |
See If you're facing an income gap
| Annual Guaranteed Income | - |
Annual Essential Lifestyle Expenses | = |
Essential Lifestyle Income Gap |
| Annual Guaranteed Income | - |
Total Annual Expenses | = |
Overall Income Gap |
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