Use this Personal Budgeting template to plan for the expenses you need for retirement.

Here’s how:
For monthly expenses, fill in the amount in the ‘Monthly’ column. Multiply each  by 12 months then fill in the ‘Yearly’ column.
For yearly expenses, fill in the amount in the ‘Yearly’ column.
Sum up the amount in the ‘Yearly’ column. This figure will likely be the amount you need to spend on a yearly basis when you retire.