Great Advice · Retirement spending estimator

What will retirement cost you?

Figures as at 13 July 2026 · Estimate only

Is this for one person or a couple?

Enter rent or mortgage payments added to your retirement budget, not rates, insurance or every home cost.

$

Food, utilities, transport, insurance, health and the regular bills you expect.

$

Travel, hobbies, eating out, gifts and other choices beyond regular essentials.

$

Your yearly spending

Add your yearly costs to build the figure

Use your own annual amounts. The result is their exact sum, then the current ASFA benchmarks give it context.

Housing Essentials Lifestyle and extras
Things this yearly figure can miss
  • One-off costs such as a car, home repairs, a large trip or helping family.
  • Health and aged-care costs can rise later, while travel and other spending may ease.
  • Inflation changes what the same dollar amount buys over a long retirement.

What to do next

  • Check the figure against your actual bank statements before using it in a retirement projection.
  • Run the super longevity check with the yearly figure you settle on.

More tools: super simulator, Age Pension self-check, or the readiness scorecard.

A first meeting with George can turn your yearly figure into a retirement plan using your actual costs, super and Age Pension position.

Work it out with George 5.0 Google rating · Free first meeting. No obligation.
How it works: Add the annual housing, essentials, and lifestyle amounts you enter. The total is compared with the ASFA Retirement Standard for the March quarter 2026: $36,434 modest and $55,923 comfortable for a single person, or $52,473 modest and $78,566 comfortable for a couple aged 65 to 84 who own their home. Housing cost here means rent or mortgage payments added to the budget, not all home costs. Checked 13 July 2026. Nothing is stored.

General information only. This tool does not consider your objectives, financial situation or needs, and a spending comparison is not personal advice. The ASFA figures are broad benchmarks and will not match every household. Consider speaking with a licensed financial adviser before acting. Great Advice is a trading name of Aetos Wealth Advisors Pty Ltd, Corporate Authorised Representative of Akumin Financial Planning Pty Ltd (AFSL 232706).