Floridatennisplayer
Recycles dryer sheets
- Joined
- May 3, 2014
- Messages
- 485
Wow, I'm 59... we have a nice home in Ohio and a beautiful condo in SW Florida, no debt...$1.2 mil saved....but trying to find my way is much more complicated than I thought it would be!!
Do I take SS at 62 or Full retirement age of 66? Hum.......if I take it early....I can't really do much part time (like sell real estate) as the government isn't to thrilled with you making a normal living. I'd have to buy health insurance which looks to be quite a chunk of cash. Or be miserable and stay in my high pressure job...which is around $125k and full benefits as long as possible. I'd really like to be done with corporate life at 62 and enjoy my winters in Florida.
Another eye opener is tracking your expenses. Have you reallynlooked at everything? I did....oh crap! Thinking I'm in great shape with no debt is really a misnomer. Real estate taxes and condo fees on two places is about $15k a year. What is crazy to me....is an expense most of us never had years ago, but is now a necessity......Internet, cable, and cellular costs! Yikes....about $3,500 a year! How did this happen people? So, being debt free.....not really. Of course I have no mortgages or car loans, but real estate taxes....utilities, cell phones, Internet, and cable take a huge chunk out of our budget. Add groceries and Christmas...birthdays.....oh my.........can you guys just send me a check!!!!!!
I could cut back.......oh come on.....can I really? No cell phone? No Internet? Cable? Seriously........no cable? Who can do that? What about Rubino's? Its the most amazing pizza...have to have it at least once per week!
Help......
Do I take SS at 62 or Full retirement age of 66? Hum.......if I take it early....I can't really do much part time (like sell real estate) as the government isn't to thrilled with you making a normal living. I'd have to buy health insurance which looks to be quite a chunk of cash. Or be miserable and stay in my high pressure job...which is around $125k and full benefits as long as possible. I'd really like to be done with corporate life at 62 and enjoy my winters in Florida.
Another eye opener is tracking your expenses. Have you reallynlooked at everything? I did....oh crap! Thinking I'm in great shape with no debt is really a misnomer. Real estate taxes and condo fees on two places is about $15k a year. What is crazy to me....is an expense most of us never had years ago, but is now a necessity......Internet, cable, and cellular costs! Yikes....about $3,500 a year! How did this happen people? So, being debt free.....not really. Of course I have no mortgages or car loans, but real estate taxes....utilities, cell phones, Internet, and cable take a huge chunk out of our budget. Add groceries and Christmas...birthdays.....oh my.........can you guys just send me a check!!!!!!
I could cut back.......oh come on.....can I really? No cell phone? No Internet? Cable? Seriously........no cable? Who can do that? What about Rubino's? Its the most amazing pizza...have to have it at least once per week!
Help......