Senior · Budget

Fixed income, real expenses.

Monthly Social Security + pension + other vs essentials and discretionary. See the 5-year inflation-adjusted gap before it becomes a crisis.

Monthly income

Social Security

Pension

Other fixed income (annuity, rental net, etc.)

Housing

Food

Utilities

Medical (out-of-pocket)

Discretionary (travel, gifts, hobbies)

Annual inflation % 3-4% US, 5-6% India. SS has annual COLA; pensions usually don't.

Monthly income

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Monthly expenses

—

Monthly surplus / deficit

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Year-5 annual gap (inflation-adjusted)

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This is budget math, not investment or tax advice. Consider a fiduciary if your gap is wide.
Social Security gets annual COLA (~2-3%). Pensions and most annuities don't. v1 holds income flat — conservative for SS-heavy households.
Inflation rate is your call. RBI projects FY26-27 CPI ~4.6%. US Fed targets 2-3%.
Medical can spike with diagnoses or care intensity. Build a 6-12 month cushion if you can.