Thread: Expenses
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Re: Expenses
Old 05-13-2007, 10:06 AM   #6
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Join Date: Jun 2006
Posts: 5,548
Thanks for helping me understand how some people can have expenses around (or over) $100,000.

Put together just the mortgage, condo expenses, wine, eating out, transportation, and trips and you've got about $72,000. Retire, sell your condo, buy a small house in the country, go on more modest trips, eat home, and buy some thunderbird wine, and your expenses drop to under $30,000. Just by retiring (and moving), you'd save an awful lot.

Your net worth is about $969,100 right now, plus the condo. So you could retire today, but you'd have to want to enough to make the big lifestyle changes.

BCBS for DW and me costs $5,160/year.
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