Description:

This spreadsheet is designed to help individuals plan and manage their budget for early retirement. It includes sections for age details, retirement income sources, housing costs, personal expenses, daily living expenses, medical expenses, and a summary of annual income requirements and shortfalls.

• Age Details:
  • Age Today: Current age of the individual.
  • Years to Retirement: The number of years until the planned retirement age.
  • Age at Retirement: Age at which the individual plans to retire.
    
    
• Retirement Income Sources:
  • Social Security Income: Weekly, bi-weekly, monthly, quarterly, and annual projections.
  • Company Pensions: Various frequencies of income.
  • Rental Income, Shares/Investments Income, Annuity Income, Other Retirement Plans: Income from different sources.
    
    
• Housing Costs:
  • Mortgage or Rent, Real Estate Taxes, Maintenance and Repair, Home Insurance: Costs related to housing.
    
    
• Personal Expenses:
  • Grooming, Clothing, Holidays, Other, Auto Expense, Auto Insurance: Regular personal expenses.
    
    
• Daily Living Expenses:
  • Groceries, Entertainment, Utilities, Telephone: Essential living costs.
    
    
• Medical Expenses:
  • Prescription Drugs, Medical Insurance: Healthcare-related expenses.
    
    
• Summary:
  • Annual Retirement Income Required, Estimated Soc. Sec., Pension, and Other Income, Annual Income Shortfall: Comprehensive summary of income and expenses.