www.tenstar.ca – Pretend you’re retiring today. Would you know how much money you need? What about ten, fifteen, twenty years down the line, considering inflation? Planning for retirement can be challenging. Ten Star’s Financial Calculators can help you plan for your retirement. Pretend you’re retiring today, because you know the value of money today, and let the calculate work backwards and account for inflation for you.
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Question by vets1son: I am looking for a retirement expense calculator?
There are lots of online calculators to project the future value of retirement options, such as, IRAs, 401k’s, Social Security, Company pension plans, etc. and/or replacement percent of my current salary, but Is there a calculator that can project everyday living expenses like the cost of heating, (Gas), electricity, groceries, property taxes, telephone, cable TV, insurance, clothes, gasoline? I have access to calculators that estimate what my ‘nest egg’ will be 5, 10, 15, or 20 years out, but what will it cost to live 5, 10, 15, or 20 years from now? Thank you.

Best answer:

Answer by The Big Shot
In short, no. However you can check out the Consumer Price Index and watch for trends in overall costs, which includes each of the sectors you mentioned.

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