chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
We plan to increase spending in ER. We intend to have the mortgage paid off. Health care insurance costs will rise a little (company subsidized benes). We will travel more. I expect that to increase expenses.
What I am considering is other expense in retirement. Is anyone planning/considering any extraordinary expeneses such as purchase a vacation condo/home, boat, remodel house, etc... Those large one-time costs that may mor may not have trailing on going expenses.
If so, how are you factoring that into your WR. Just a lump sum payment form the portfolio or getting a loan?
What I am considering is other expense in retirement. Is anyone planning/considering any extraordinary expeneses such as purchase a vacation condo/home, boat, remodel house, etc... Those large one-time costs that may mor may not have trailing on going expenses.
If so, how are you factoring that into your WR. Just a lump sum payment form the portfolio or getting a loan?