I’m worried about retirement planning and I want to ensure a comfortable future. I’ve worked hard my entire life and I want to enjoy the fruits of my labor without financial stress. I’m really concerned about whether I’ve saved enough and invested wisely.
I retired over 5 years ago, lived off my pension from a private company and savings. Everything paid for, delaying my SS to 70 to get the higher amount, that wasn’t my original plan, but after learning more about taxes, I decided to delay. I can easily live on my SS alone at that point. In the meantime, making some Roth conversions every year.
No mortgage No debt. Retired early 5 years ago in my mid-50s. About 35% of my spend is on housing. Some years it’s more.. others a bit less. My roof & fence will need to be replaced soon.. that will push housing well over that 46% .
2. Mainer here, I am 52 and the house is paid off. $6200 for property taxes and $900 for insurance. Already got my firewood for next year. I would say I am spending less than %5 of household income on housing at this point in my life.
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Having retired last year, my biggest concern isn't what I'm spending, but how much each category will go up. While healthcare is a large portion, it's not the largest expense I have. However, historically we know that healthcare generally increases at a faster pace than anything else! I want retiree COLA for SS to be based of a specific calculation based on what we spend.
I’m worried about retirement planning and I want to ensure a comfortable future. I’ve worked hard my entire life and I want to enjoy the fruits of my labor without financial stress. I’m really concerned about whether I’ve saved enough and invested wisely.
I completely understand. Ensuring financial security in retirement is crucial. Have you considered consulting a financial advisor?
Yes I have. But I don’t know who exactly to trust to provide the right advices and guidance for me.
True. I have been in contact with a CFA that specializes in retirement planning. His expertise can help optimize your savings and investments.
Who’s this CFA? And how can I reach out to him?
JOSEPH NICK CAHILL
2. No mortgage. A year and a half in retirement and i live off less than half what i use to make.
No mortgage is the key to affordable retirement.
I retired over 5 years ago, lived off my pension from a private company and savings. Everything paid for, delaying my SS to 70 to get the higher amount, that wasn’t my original plan, but after learning more about taxes, I decided to delay. I can easily live on my SS alone at that point. In the meantime, making some Roth conversions every year.
All in, housing is about 20% of my budget followed by medical, travel (our go-go years), food and taxes
2.....Our highest expense is entertainment/restaurants and travel...Go Go Gadget
No mortgage No debt. Retired early 5 years ago in my mid-50s. About 35% of my spend is on housing. Some years it’s more.. others a bit less. My roof & fence will need to be replaced soon.. that will push housing well over that 46% .
2. Mainer here, I am 52 and the house is paid off. $6200 for property taxes and $900 for insurance. Already got my firewood for next year. I would say I am spending less than %5 of household income on housing at this point in my life.
We just went through 4 months of going to the vet because of an eyelash growing backwards $4000! She’s a great dog but never again
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
2, Portugal here: food and health insurance are my biggest costs.
Having retired last year, my biggest concern isn't what I'm spending, but how much each category will go up. While healthcare is a large portion, it's not the largest expense I have. However, historically we know that healthcare generally increases at a faster pace than anything else! I want retiree COLA for SS to be based of a specific calculation based on what we spend.
Devin Carroll says that if they change from average wage index to CPI to figure future benefits it would completely fix the deficit in the trust fund.
No. House paid off.
If not being on Twitter is wrong then I don't wanna be right.🙄
No
Time to hit the Cheese Cake.
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