Quote:
Originally Posted by Alan
What we wanted in retirement was to do some serious traveling. While working we did as much traveling as we could in the 20 days a year vacation DW had, so we weren't denying ourselves that desire by choice.
Our expenses (excl. taxes) in the 4 years before RE were pretty consistent, and the expenses during the 2 years after RE are 27% higher. I expect similar expenses continuing while we can still afford it and our desire for such travel remains high.
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That's a more understandable level, with
expenses increasing by 27%. If you were saving 30% of income (leaving 70% for expenses including taxes) and then increased
income by 35% in retirement to achieve an increase of 135%/70% = 93% in
spending (including taxes and now spending the 30% that was used for retirement savings), that I would marvel at.