End-of-year is a good time to see how I'm doing on my budget.
Since I retired in June of 2016, the last vestige of my pre-retirement finances was my 2016 income taxes in early 2017. Come February 2018 I'll be able to produce a "clean" 12-month running average of retirement expenses.
Peeking ahead, it looks like I'm actually within a few hundred dollars of my budget!! Lots of individual line items turned out differently, but I always knew there would be unexpected gains and losses.
Interesting note, the categories Food and Health Care (which includes insurance premiums) are running neck-and-neck for the #1 position. The next three categories are Automobiles, Utilities and Leisure. After that, Housing fell just below Gifts. I finished buying the big stuff for some renovations more than 12 months ago and now I'm seeing the benefits of having no mortgage.
Anyone else doing a year-end check-up on your budget? How'd you do?
Since I retired in June of 2016, the last vestige of my pre-retirement finances was my 2016 income taxes in early 2017. Come February 2018 I'll be able to produce a "clean" 12-month running average of retirement expenses.
Peeking ahead, it looks like I'm actually within a few hundred dollars of my budget!! Lots of individual line items turned out differently, but I always knew there would be unexpected gains and losses.
Interesting note, the categories Food and Health Care (which includes insurance premiums) are running neck-and-neck for the #1 position. The next three categories are Automobiles, Utilities and Leisure. After that, Housing fell just below Gifts. I finished buying the big stuff for some renovations more than 12 months ago and now I'm seeing the benefits of having no mortgage.
Anyone else doing a year-end check-up on your budget? How'd you do?