It is nice to see someone outside of this forum applying a little common sense to the usual advice that a retiree needs 70+% of preretirement income without considering expenses. Maybe we're not entirely alone.
I called a local radio financial program several months ago when a financial advisor and the host were giving the usual advice. When I said that what really mattered was controlling expenses (and the corresponding increase in savings), I was dismissed nearly before I could finish my sentence. Boy, did I feel out there. Thankfully, I had you all to come back to!
http://www.dallasnews.com/sharedcontent/dws/bus/scottburns/columns/2006/stories/102606dnbusburns2.74e837ff.html
I called a local radio financial program several months ago when a financial advisor and the host were giving the usual advice. When I said that what really mattered was controlling expenses (and the corresponding increase in savings), I was dismissed nearly before I could finish my sentence. Boy, did I feel out there. Thankfully, I had you all to come back to!
http://www.dallasnews.com/sharedcontent/dws/bus/scottburns/columns/2006/stories/102606dnbusburns2.74e837ff.html