Living expense adjustments

Living expense adjustments let you adjust what you think your living expenses will be in the future, as a percentage of what you think they are on average.

Living expense adjustments help you plan for predictable changes in your cost of living over time. These adjustments allow you to increase or decrease your projected annual living expenses based on expected life events.

Rather than entering a new budget or revising your core expense estimate, you can apply a percentage-based adjustment for a specific year in your plan. This makes it easier to reflect major transitions while keeping your base estimate intact.

Use cases:

• You currently spend $50,000 per year but expect your living expenses to drop by 20% when your children leave for college.

• You plan to retire in 10 years and want to model a 10% decrease in annual expenses due to lifestyle changes.

Quicken applies the adjustment starting on the date you specify and continues it through the rest of the plan, unless you enter a later adjustment.

These adjustments help ensure your lifetime projections account for key life changes—without requiring you to rework your base expense assumptions.