Inflation

Inflation-Adjusted Retirement Planning

Retirement Income

Expenses That May Be Reduced

There may be other reductions in expenses timed to your retirement, such as

Home mortgage payments
College tuition for dependents
Life Insurance premiums (As a retiree, you generally do not need any life insurance, except perhaps a burial policy)
Federal & state income taxes may be considerably reduced (depending on the source(s) of your retirement income
Real and personal property taxes may also be frozen for retirees (age 65 and over)

Expenses that should end	Expenses that may be new
Expenses that may be reduced	Expenses that probably stay the same