ocity

City expense scenario

Model Retirement Expenses by City

Compare a city-adjusted expense baseline, entered Social Security and savings assumptions. Outputs are illustrations, not a guaranteed result or complete financial plan.

Retirement Calculator

Model city-adjusted retirement expense assumptions for comparison

I'll own my home outright (no mortgage)
Modeled shortfall

For an expense scenario in New York, NY

Monthly Budget Needed
$5,096
+13% vs national avg
Modeled savings reference at 65
$988,800
Using an illustrative 4% withdrawal heuristic
Modeled shortfall
-$93,376
By age 65

Compare Retirement Costs

Based on modeled national expense baseline • 4% withdrawal heuristic • age 90 endpoint assumption

Planning Your Retirement Location

Where you retire can have a dramatic impact on how far your savings stretch. A $1 million nest egg goes much further in Tulsa than in San Francisco. The scenario compares city-adjusted expenses and entered income assumptions; it does not determine how much you need or whether a plan will succeed.

Key Factors We Consider

  • Cost of Living - Housing, groceries, utilities, and everyday expenses
  • Healthcare Costs - Medicare premiums and out-of-pocket expenses vary by region
  • Housing Status - Owning a home can change housing expenses; this model uses a broad illustrative reduction and excludes many ownership costs.
  • Social Security - Your monthly benefit covers part of expenses

The 4% Rule Explained

We use the "4% withdrawal rate" to calculate how much savings you need. This rule suggests you can withdraw 4% of your portfolio annually with low risk of running out of money over a 30-year retirement.

City reference comparisons

States like Texas, Florida, and Tennessee are popular retirement destinations due to no state income tax. Meanwhile, states like Ohio, Missouri, and Oklahoma offer some of the lowest overall costs of living in the nation.