Profile & Assets
You
Use 90 for men, 95 for women as a conservative default. SSA.gov has a calculator if you want to be precise.
Born 1960+: FRA is 67.
Your estimated monthly benefit if you claim exactly at your Full Retirement Age. Find this on your Social Security statement at ssa.gov/myaccount.
62–70. Later = higher monthly benefit.
Plan Details
Coverage & Healthcare Bridge
Where will you retire?
How will you get health coverage before Medicare?
Children or other dependents on your health plan in early retirement?
Children under 26 can stay on your plan. This determines your ACA subsidy eligibility threshold.
Accounts & Assets
Annual Spending
Fixed costs that don't change with your activity level: property taxes, homeowners/auto insurance, utilities, groceries, base transportation, Medicare premiums, regular prescriptions.
Healthcare Cost (HSA Routing — optional)
If you have an HSA account, enter your annual healthcare cost here (ACA premiums, Medicare Part B/D, Medigap). This amount will be drawn from your HSA balance first each year. If HSA is exhausted, the remainder is added to spending. Leave at $0 to include healthcare in Essential Expenses instead.
Lifestyle Spending
Discretionary spending that naturally decreases as activity slows: travel, dining out, hobbies, entertainment, subscriptions, clothing. Most people spend 20–40% less in their 70s+ than in their 60s.
Mortgage at Retirement (optional)
Fixed-rate mortgage P&I only (not escrow/insurance). The payment stays constant in nominal dollars — it does NOT inflate. Leave at $0 if you will be mortgage-free at retirement.
Lumpy / One-Time Expenses
No lumpy expenses added yet.
Common pitfalls people forget to plan for
- Home maintenance — typically 1–2% of home value per year (roof, HVAC, plumbing, appliances)
- Vehicle replacement — every 8–12 years
- Dental, hearing aids, vision — largely not covered by Medicare
- Adult children — weddings, down payment help, college for late kids
- Long-term care — home care or assisted living
- Family emergencies — medical bills, helping a parent
- Employer benefits that disappear — life insurance, disability, HSA contributions
Advanced SettingsMarket scenario, growth rate
Market Scenario
Nominal annual return (assuming ~3% inflation). Moderate (8%) ≈ 5% real — consistent with a 60/40 global portfolio and Boglehead planning consensus. Historical US equities ~10% nominal / ~7% real (1926–2023).
Annual Contributions (Working Years)
How much you add each year until retirement. Each dollar is compounded at the growth rate above across 5 working years — leaving these at $0 significantly understates your retirement portfolio.