Expenditure | Results |

                                 
 
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  The aim of this Budget Planner is to discover your current expenditure and use this information to estimate what income you will need in retirement.  
   
  Type in your current expenditure in the relevant boxes – the planner will automatically convert any figure to a monthly amount which will appear in the first column titled “Monthly Total Now”.  
   
   
 
  Then in the final column titled “Monthly Total In Retirement” you put in what you think the monthly amount for each item of expenditure will change to once you have retired.  
   
  Please remember some items of expenditure may disappear completely (for example you may be currently paying a mortgage but this may be paid off by the time you retire), other items may reduce (e.g. travelling expenses) and others, such as expenditure on hobbies, may increase.  
   
   
   
 
  Finally click on the Results tab to see what income you are likely to need in retirement.  
                 
1. Home Expenses       Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Mortgage/Rent            
Council Tax            
Water Rates/Metering Charge        
Electricity            
Gas              
Oil              
Home Maintenance/Factor Fees        
Garden Maintenance          
Home Insurance (Building & Contents)      
Household Cleaning/Cleaner        
Home Phone            
Internet/Broadband          
Mobile Phone            
TV Licence            
       
Enter any other home expenses here      
Enter any other home expenses here      
Enter any other home expenses here      
           
Total Home Expenses                  
     
                   
2. Insurances         Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Life/Critical Illness Insurance        
Mortgage Term Insurance        
Mortgage Payment Protection Insurance      
Travel Insurance          
Pet Insurance            
Private Medical Insurance        
Private Dental Insurance          
Plumbing/Heating Maintenance Insurance      
       
Enter any other insurances here        
Enter any other insurances here        
Enter any other insurances here        
         
Total Insurances                    
     
                   
3. Food, Drinks & Smoking     Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Household Food Shopping        
Meals/Eating out          
Takeaways            
Snacks/Sandwiches & Coffees        
Meals/Eating at work          
Drinking at home          
Drinking out            
Tobacco & Cigarettes          
Pet Food            
       
Enter any other Food, Drinks & Smoking spending here    
Enter any other Food, Drinks & Smoking spending here    
Enter any other Food, Drinks & Smoking spending here    
         
Total Food, Drink & Smoking                
     
                   
4. Car & Other Travel Expenses   Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Petrol/Diesel or other Fuel costs        
Car Insurance            
Car Maintenance/Warranty costs        
Car Road Tax            
Car Parking permit/charges        
Car Breakdown/Recovery cover        
Rail/Bus/Taxi travel          
         
Enter any other Car & Other Travel Expenses here    
Enter any other Car & Other Travel Expenses here    
Enter any other Car & Other Travel Expenses here    
         
Total Car & Other Travel Expenses                
     
                   
5. Finances & Credit Repayments   Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Bank Account charges/fees        
Overdraft repayments          
Car Finance repayments          
Personal Loan repayments        
Hire Purchase repayments        
Credit Card repayments          
Store Card repayments          
       
Enter any other Finances & Credit Repayments here    
Enter any other Finances & Credit Repayments here    
Enter any other Finances & Credit Repayments here    
         
Total Finances & Credit Repayments              
     
                   
6. Savings & Investments     Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Regular Savings            
Lump Sum Savings          
Mini Cash ISAs            
Investments            
Share-dealing            
Pension Payments (in additional to normal contributions)    
       
Enter any other Savings & Investments spending here    
Enter any other Savings & Investments spending here    
Enter any other Savings & Investments spending here    
         
Total Savings & Investments                
     
                   
7. Family Expenses       Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Childcare/Baby sitting          
Children's Travel            
Laundry/Dry Cleaning          
Nappies/Baby Expenses          
Pocket Money            
School Meals            
School Trips            
Pet Costs            
       
Enter any other Family Expenses here      
Enter any other Family Expenses here      
Enter any other Family Expenses here      
         
Total Family Expenses                  
     
                   
8. Fun & Entertainment     Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Satelite/Digital TV Subscriptions        
DVD/Film Rental            
Computer Software/Gaming Subscriptions      
Newspapers/Magazines          
Books/Music/DVD/Computer Game purchases    
Day Trips            
Cinema/Theatre Trips          
Shopping for Fun          
Hobbies            
       
Enter any other Fun & Entertainment spending here    
Enter any other Fun & Entertainment spending here    
Enter any other Fun & Entertainment spending here    
         
Total Fun & Entertainment                
     
                   
9. Health, Beauty & Fitness     Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Fitness/Gym Memberships        
Beauty Treatments          
Dental Treatment          
Medical Treatment          
Hairstyling            
Eyecare/Opticial Treatments        
Complimentary Therapies        
       
Enter any other Health, Beauty & Fitness spending here    
Enter any other Health, Beauty & Fitness spending here    
Enter any other Health, Beauty & Fitness spending here    
         
Total Health, Beauty & Fitness                
     
                   
10. Clothes         Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
New Clothes            
New Children's Clothes          
New Work Clothes          
       
Enter any other Clothes spending here      
Enter any other Clothes spending here      
Enter any other Clothes spending here      
         
Total Clothes                    
     
                   
11. Education & Training Courses   Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Personal Studies            
School Fees            
Recreational Courses          
University/College Tuition Fees        
       
Enter any other Education & Training Courses spending here    
Enter any other Education & Training Courses spending here    
Enter any other Education & Training Courses spending here    
         
Total Education & Training Courses              
     
                   
12. Large One-Off Expenses   Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Christmas            
Summer Holidays          
Winter Holidays            
Birthdays & Anniversaries        
Home Improvements/Furniture/Decoration    
Wedding Expenses          
Funeral Expenses          
       
Enter any other Large One-Off Expenses here    
Enter any other Large One-Off Expenses here    
Enter any other Large One-Off Expenses here    
         
Total Large One-Off Expenses                
     
                   
13. Miscellaneous Spending     Weekly Monthly Quarterly Annually   Monthly Total Now Monthly Total In Retirement  
Tax & NI Provision (for Self-Employed only)    
Charity Donations          
       
Enter any other Miscellaneous spending here    
Enter any other Miscellaneous spending here    
Enter any other Miscellaneous spending here    
Enter any other Miscellaneous spending here    
Enter any other Miscellaneous spending here    
         
Total Miscellaneous Spending                
     
       
     

Expenditure | Results |

 
 
  Please note:    
  This budget planner tool is provided without warranty of any kind.    
  All results obtained using this tool are for guidance only and should not be used as a substitute for independent financial advice.  
     
  Retirement and Investment Solutions is a trading name of Meon Valley Financial Planning Ltd and is authorised and regulated by the Financial Conduct Authority