Retirement Budget Calculator
Use this budget calculator to tailor your income needs in requirement to your own circumstances or preferences. Use the three-way toggles below to set your preferred standard for each individual category of spending used in the Retirement Living Standards research.
Alternatively, you can specify an exact figure using the sliders. Note that there is a slider for housing costs, which are not taken into account in the Retirement Living Standards. You can add this if it applies to you.
All the values are in today's money. The values for each category have been extracted from the tables in the 2024 Research Report, rounded and adjusted to match 2025 totals.