To identify the cost of long-term–care insurance, read 8513-LongTermCare_OC. Estimated Monthly Retirement Costs Expense Estimated Monthly Cost Living (home, food, gas, etc.) Health insurance Long-term–care insurance Estimated monthly total: 3. Complete the table below to identify the cost of retirement over an extended period of time. To identify the estimated cost for Year 1, multiply the estimated monthly total (above) by 12. Estimated Total Retirement Costs Year Estimated Total Cost Year 1 Year 5 Year 10 Year 15 Year 20