Abstract: Computer-implemented method and system to calculate a dynamic personal budget based on changing environments. The computer-implemented method includes extracting information from a user through an interactive series of questions and personal preferences. Further, the computer-implemented method includes gathering current economic factors such as Cost-of-Living-Index and Consumer Expenditures Report. Furthermore, the computer-implemented method includes calculating a realistic budget based on the information extracted, desired retirement goals and current economic indicators. Moreover, the computer-implemented method includes creating a personalized budget that fits into the user's lifestyle.