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01-01-2011, 11:16 AM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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 Quote:
Originally Posted by ScottFromUtah
I deeply admire you and the others on this forum who can live on that amount. You are my heroes.
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I think everyone should remember this isn't golf - the lowest number doesn't win. 
__________________
Numbers is hard
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01-01-2011, 11:24 AM
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#22
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
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DW will be relieved to hear that.
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01-01-2011, 11:25 AM
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#23
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,128
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Target excl. taxes was $73,200, actual was $80,979.
I haven't tracked it by category.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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01-01-2011, 11:27 AM
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#24
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Darn, I thought I might actually win something
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01-01-2011, 11:34 AM
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#25
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: USA
Posts: 1,050
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Wow - I'm in MN, I don't believe I can get by on 3x your spend. Good job!
Quote:
Originally Posted by aaronc879
2010 was the first year I tracked all spending for the full year. I spent $11,974. I know i've had some years that were less and don't think i've ever topped $15,000.
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01-01-2011, 11:36 AM
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#26
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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Numbers aren't completely final, but total 2010 expenditures are currently at $63,384.40.
The three largest categories, which should represent somewhere around 70% of the total:
Taxes $21,958.73
Kids $15,925.24
Interest expense $7,659.12
2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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01-01-2011, 11:39 AM
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#27
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Let me check what this wonderful Quicken tells me... Over 12 months...
$0 ! What the heck!!!
Oh, it shows the results for 2011 YTD!
OK, so what is it for 2010... That ain't right either... Oh yes, I only started using Quicken 3 months ago. Should I multiply that by 4? Nah, that does not include what I spent earlier in the year for the 3 vehicles I bought. New-to-me toys, but still... I need to look at my wife's spreadsheet to know.
Oh, well... Who cares? The main thing is my portfolio is up good, and I think I might actually have had a net withdrawal from it.
As long as we enjoy life and still have some money left, and do not feel deprived, it does not matter, does it? I can spend more, or I can also spend less. It does not seem to change my happiness level much.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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01-01-2011, 11:46 AM
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#28
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Quote:
Originally Posted by Aiming_4_55
Wow - I'm in MN, can don't believe I can get by on 3x your spend. Good job!
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You can get by on 3x what I spend, but do you want to? Even though I only put $7000 in my 401k in 2010 I still had take-home pay under $30,000. With take-home pay under $30,000 I couldn't spend 3X my $11,974 expenses even if I wanted to.
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01-01-2011, 11:52 AM
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#29
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Recycles dryer sheets
Join Date: Aug 2004
Posts: 77
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2 adults...2 Abyssinian fur kids...debt free...semi-retired
$36,800 not including house-building expenses; the amount does include $9600 in rent payments that won't reoccur in 2011 now that we are moved in to the new place.
We live in BC Canada where food and fuel are expensive, but health insurance costs $109/month for two people.
Plan on withdrawing 3% of portfolio in 2011 and use part-time w*rk income for more traveling.
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01-01-2011, 11:55 AM
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#30
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: USA
Posts: 1,050
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Quote:
Originally Posted by aaronc879
You can get by on 3x what I spend, but do you want to? snip.
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We probably can get by on about 36k, but only because we no longer carry a mortgage. Our 2010 spend was higher than normal at about 55k due to numerous travels, international/domestic and out of state funeral along with adoption finalization.
As long as you are happy, that's all that matters.
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01-01-2011, 12:06 PM
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#31
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Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
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Haven't worked all the numbers.
Spent ~$22k
Gave away: ~$10K
Portfolio: larger than a year ago
Need to figure out how to tap TSP
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
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01-01-2011, 12:07 PM
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#32
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Thinks s/he gets paid by the post
Join Date: Dec 2009
Location: Alberta/Ontario/ Arizona
Posts: 3,393
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Nords- Yes, I understand your mortgage stategy. Your investment philosophy is close to mine except I don't bother with options. Probably could make reasonable returns doing so but want to keep things very simple. Portfolio returned about 10% plus 3.5% divs in 2010. Just about back to it's peak of late 2007.
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01-01-2011, 12:10 PM
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#33
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Quote:
Originally Posted by Aiming_4_55
As long as you are happy, that's all that matters.
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I have everything I need and some things I don't. I'm on day 11 of my vacation and would like nothing more than to not go back to work. I will happily continue to spend very little to make that day happen sooner.
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01-01-2011, 12:14 PM
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#34
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Yep. There are many things money cannot buy. I spend more if I have more, but I can easily spend less if I have less. It's too tough to be happy if one is cold and hungry, but everything beyond that seems all optional. I like to have more money because I am Scroogy and a hoarder and I want to count it.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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01-01-2011, 12:27 PM
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#35
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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2010 - 52,428
2009 - 53,772
2008 - 56,465
2007 - 53,391
__________________
Retire date Jan. 10, 2018
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01-01-2011, 12:40 PM
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#36
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Recycles dryer sheets
Join Date: Dec 2005
Posts: 62
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expenses
$90K, gross (including roughly 20% for fed, state, SS taxes)
__________________
Musician and Writer
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01-01-2011, 12:59 PM
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#37
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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You just had to take the wind out of my sail...didn't you?
__________________
There's no need to complicate, our time is short..
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01-01-2011, 01:10 PM
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#38
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Thinks s/he gets paid by the post
Join Date: Feb 2010
Location: Cavalier
Posts: 2,317
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Just totaled mine at $19,292 for everything.
__________________
"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
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01-01-2011, 01:13 PM
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#39
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Quote:
Originally Posted by Nodak
Just totaled mine at $19,292 for everything.
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That's more like it.
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01-01-2011, 01:20 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: USA
Posts: 1,050
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I'm still fairly new here and I thought the lowest SWR was better. I guess I have it all wrong. More years to learn I guess ;-)
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