2. Complete the table below by identifying the costs of retirement, including living expenses (the sum of rent/mortgage, utilities, food, gas, etc.), healthcare expenses, and long-term–care
expenses. Conduct research to determine the cost of retirement for a single person retiring this
year.
Resources:
There are many appropriate sites available.
• To identify living expenses, conduct an internet search for “living wage calculator.”
To identify the cost of long-term–care insurance, read 8513-LongTermCare_OC. Estimated Monthly
Retirement Costs
Expense Estimated Monthly Cost
Living (home, food, gas, etc.)
Health insurance
Long-term–care insurance
Estimated monthly total: