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Old 01-01-2011, 12:16 PM   #21
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I deeply admire you and the others on this forum who can live on that amount. You are my heroes.
I think everyone should remember this isn't golf - the lowest number doesn't win.
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Old 01-01-2011, 12:24 PM   #22
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I think everyone should remember this isn't golf - the lowest number doesn't win.
DW will be relieved to hear that.
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Old 01-01-2011, 12:25 PM   #23
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Target excl. taxes was $73,200, actual was $80,979.

I haven't tracked it by category.
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Old 01-01-2011, 12:27 PM   #24
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I think everyone should remember this isn't golf - the lowest number doesn't win.
Darn, I thought I might actually win something
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Old 01-01-2011, 12:34 PM   #25
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Wow - I'm in MN, I don't believe I can get by on 3x your spend. Good job!

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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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Old 01-01-2011, 12:36 PM   #26
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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

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Old 01-01-2011, 12:39 PM   #27
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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.
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Old 01-01-2011, 12:46 PM   #28
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Wow - I'm in MN, can don't believe I can get by on 3x your spend. Good job!
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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Old 01-01-2011, 12:52 PM   #29
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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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Old 01-01-2011, 12:55 PM   #30
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You can get by on 3x what I spend, but do you want to? snip.
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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Old 01-01-2011, 01:06 PM   #31
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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
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Old 01-01-2011, 01:07 PM   #32
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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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Old 01-01-2011, 01:10 PM   #33
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As long as you are happy, that's all that matters.
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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Old 01-01-2011, 01:14 PM   #34
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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.
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Old 01-01-2011, 01:27 PM   #35
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expenses
Old 01-01-2011, 01:40 PM   #36
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expenses

$90K, gross (including roughly 20% for fed, state, SS taxes)
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Old 01-01-2011, 01:59 PM   #37
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I think everyone should remember this isn't golf - the lowest number doesn't win.
You just had to take the wind out of my sail...didn't you?

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Old 01-01-2011, 02:10 PM   #38
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Just totaled mine at $19,292 for everything.
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Old 01-01-2011, 02:13 PM   #39
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Just totaled mine at $19,292 for everything.
That's more like it.
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Old 01-01-2011, 02:20 PM   #40
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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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I think everyone should remember this isn't golf - the lowest number doesn't win.
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