[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-254065-105":53,"doc-detail-254065-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","create-a-retirement-budget-retirement-budget-worksheet","Create a Retirement Budget - Retirement Budget Worksheet","","A retirement budget turns savings into a structured, long-term spending plan by mapping all retirement income and monthly expenses. It explains why retirees must pace withdrawals to avoid exhausting savings, and it frames budgeting as enabling essential and desired spending rather than deprivation. The guide estimates typical retirement spending at 70%–80% of pre-retirement levels, then walks through identifying income sources, essential versus nonessential costs, fixed versus variable bills, and major new categories like healthcare and taxes.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/create-a-retirement-budget-retirement-budget-worksheet/254065/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/create-a-retirement-budget-retirement-budget-worksheet/254065.png","ImageObject",442,249,{"name":88,"@type":89},"Margaret","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-29","2026-09-13",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",9,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Why is a retirement budget important?","Question",{"text":109,"@type":110},"A retirement budget helps you account for both income and expenses and space spending over time. It reduces the risk of draining savings too quickly and helps protect your finances.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How much should you expect to spend in retirement?",{"text":114,"@type":110},"A common rule of thumb is 70% to 80% of what you spent before retirement. Your actual amount depends on where you live, your lifestyle, and your retirement savings.",{"name":116,"@type":107,"acceptedAnswer":117},"What should be included in retirement income calculations?",{"text":118,"@type":110},"List all sources of monthly retirement income such as Social Security, pensions, 401(k)/401(a)/403(b) balances, IRAs, potential previous employer savings, and any annuity payouts.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},254065,1790500835,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":76},137451207643,"https://ap-avatar.wpscdn.com/davatar_3d24733baf745e90a7e4bdd5f77d97b2","When making a retirement budget, you should always be aware of how much you have  \nleft in savings. There isn’t just the dangerous issue of running out of savings, but you can also  \nCreating a Retirement Budget  \nhurt yourself by not spacing out your spending. This is where a retirement budget really helps, as it will account for all of your income and expenses in a comprehensive and long-term manner.  \nWhy Have a Retirement Budget?  \nSpending money during retirement is a challenge because most retirees have little income outside of their savings. Yes, there are Social Security benefits, but those are not enough to replace your working income (especially if you plan to travel) . To ensure that you don’t draw too quickly from your savings, it is useful to create a plan for how you will space out your spending. This plan is your retirement budget.  \nRemember, a budget isn’t about depriving yourself. It’s about making sure that you have the necessary funds to spend money on the things you actually want to spend money on.  \nHow Much Will You Spend in Retirement?  \nWhen planning your retirement budget, this is a good question to start with. Most people spend significantly less each month after they retire than before they retired. The rule of thumb is that you can generally expect your expenses to be 70% to 80% of what they were before you retire. Meaning, if you spent $1,000 each month before you retired, you could expect to spend about $700 to $800 each month in retirement.  \nNow, this is just a rule of thumb. Your exact spending will depend on where you live, your lifestyle and how much you have in retirement savings. So, while the 70% to 80% figure is useful for getting you started, you should create a more specific plan for your spending.  \nMaking a Retirement Budget: Your Income  \nStart your retirement budget planning by considering what your retirement income will be. Do have any pensions? How much will you make each money from Social Security benefits? (If you are unsure, try this Social Security benefits calculator. It will help you estimate how much you can expect based on your income and when you retire.)  \nCreating a Retirement Budget  \nLook at your retirement savings across all your accounts. You may have some money in an  employer’s 401(k)/401(a)/403(b) or other qualified retirement plan and some money in an IRA. If you switched jobs at any point and didn’t roll over your retirement plan, you may have money saved with a previous employer. Some people have annuities that pay a certain amount each month.  \nWrite down all your sources of income and how much you plan to make each month.  \nMaking a Retirement Budget: Your Expenses  \nOnce you know how much money you will have each month, the next step is to figure out how much you will spend each month. Look over your bills from the months leading up to retirement in order to see where your money is going.  \nIt’s a good idea to label your expenses as either essential or nonessential. Essentials are the things that you have to spend money on each month. This includes any rent, mortgage payments, loans, household bills and groceries. Nonessentials are the things you don’t need  \nCreating a Retirement Budget  \nto have in order to get by in life. This would include magazine subscriptions, eating out at  restaurants and travel.  \nWrite down all of your essential monthly expenses in one place. Adding up expenses tells you the bare minimum that you need to spend each month. If you ever get into a financial bind, this is the spending number you should fall back on. You cannot cut out these expenses without exposing yourself to some financial or personal risk. Meanwhile, things like TV subscriptions and morning lattes can all be cut when you need to save.  \nNote that some expenses, like a mortgage payment, are “fixed expenses,” meaning you pay the same amount every month. Things like an electric bill, on the other hand, are probably variable, as you pay a different amount each mont","cbCaicHVpsmOIGzO","https://ap.wps.com/l/cbCaicHVpsmOIGzO","pdf",942849,8,"English","# Creating a Retirement Budget\n## Why Have a Retirement Budget?\n## How Much Will You Spend in Retirement?\n## Making a Retirement Budget: Your Income\n## Making a Retirement Budget: Your Expenses\n## Making a Retirement Budget: New Expenses\n## Making a Retirement Budget: Fun Expenses","[{\"question\":\"Why is a retirement budget important?\",\"answer\":\"A retirement budget helps you account for both income and expenses and space spending over time. It reduces the risk of draining savings too quickly and helps protect your finances.\"},{\"question\":\"How much should you expect to spend in retirement?\",\"answer\":\"A common rule of thumb is 70% to 80% of what you spent before retirement. Your actual amount depends on where you live, your lifestyle, and your retirement savings.\"},{\"question\":\"What should be included in retirement income calculations?\",\"answer\":\"List all sources of monthly retirement income such as Social Security, pensions, 401(k)/401(a)/403(b) balances, IRAs, potential previous employer savings, and any annuity payouts.\"}]","Create a Retirement Budget - Retirement Budget Worksheet | PDF",1789273696]