Portugal Retirement Budget Worksheet
Plan your monthly expenses with our comprehensive budget planning tool
Use this interactive worksheet to plan your monthly retirement budget in Portugal. We've provided typical cost ranges based on real expat experiences, but you can adjust the amounts to match your lifestyle and chosen location.
Budget Planning Tips
- Add 10-15% buffer to your initial budget for unexpected expenses
- Consider seasonal variations in utility costs
- Factor in annual expenses like insurance and property tax
- Include emergency fund contributions
Location Adjustments
Adjust your budget based on your chosen location:
Lisbon & Cascais
Use the higher end of ranges for:
- Housing costs (+30-50%)
- Entertainment
- Dining out
- Transportation
Porto
Adjust ranges for:
- Housing costs (+10-20%)
- Entertainment (-10%)
- Transportation (-10%)
- Food costs (-5%)
Algarve
Consider seasonal variations:
- Housing (+20% in summer)
- Car expenses (+20%)
- Entertainment (seasonal)
- Dining out (+10% in season)
Silver Coast & Central
Use lower ranges for:
- Housing (-30-40%)
- Food costs (-15%)
- Entertainment (-20%)
- Add car expenses
Annual Expenses to Consider
| Expense | Typical Annual Cost | Notes |
|---|---|---|
| Property Tax (IMI) | €200-600 | If property owner |
| Home Insurance | €200-400 | Required for mortgages |
| Car Insurance | €300-500 | Comprehensive coverage |
| Healthcare Checkups | €200-400 | Beyond insurance coverage |
| Travel Home | €1,000-3,000 | Varies by destination |
| Visa Renewal | €200-300 | Per person |
Need Help Planning Your Retirement Budget?
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