Take your current age and pretend you are retired, and add 20, 30, or 40 years in the future to look at what your current expenses will be adjusting your budget for inflation.

Timeframe

Projected Monthly Expenses

Projected Yearly Expenses

We would recommend that you talk to your financial advisor and see if you are on track for these expenses when factoring in inflation. Our experience shows that most people are not prepared to factor in inflation after you stop working in the future.