Calculate spending and see the benefits of spending less

Not to mention you can add up how much those savings can accrue over the years.

With this calculator you can input how much you bring home and spend today along with what you hope to bring home and spend on the same expenses in the future. Once the calculation is complete, you will see how making the noted changes can make a difference on a monthly basis and more importantly what it could mean for your retirement savings goals.

Calculate current spending vs. spending less

All fields are required. If something doesn't apply, place a 0 in the field.


Current housing expenses

Desired housing expenses

Current auto expenses

Desired auto expenses

Current living expenses

Desired living expenses

Rate of return and retirement



Current information

Monthly expenses
$ xxx4450

Difference desired

Monthly expenses, if changes are made
$ xxx

Result if changes are made

Your monthly expense reduction of $ xxx475 can accumulate to $ xxx821510 by the time you retire.
Loading result

Neither State Farm® nor its agents provide tax or legal advice. This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. Please consult your own adviser regarding your particular circumstances.

Start a quote

Select a product to start a quote.

Find agents near
you or contact us

There’s one ready to offer personalized service to fit your specific needs.

Related articles

Take time to create a financial emergency plan

It's hard to plan for the worst when times are good, but if a financial emergency strikes, you'll be happy you did.

How to use the 50/30/20 budget rule

Balance your personal spending and saving with the 50/30/20 budget rule.

How to reach your retirement goals

A retirement calculator to help determine how much to save to reach a financial goal.

Build an emergency fund

Having extra cash in an emergency fund comes in handy when life throws you something unexpected.