Happy New Year!
I don't know that we are as frugal as many of this lovely group, but I always ask two questions before most spending:
1. Is it truly necessary?
2. Do I REALLY want it?
My spouse, who does our financial management (with my input ) asked me a few days ago how much I thought we pulled from investments in 2022. I guessed 2.5%, because somehow I thought it was below 4% by the way he asked. He said, "Close-2.2%." I guess we are doing okay. We have been retired almost 9 years and live in NYC. Spouse does a little part-time free-lancework, I think just because he enjoys it, because the pay is insignificant. He took SS at 62, and I will start later this year at 68 1/2.
I don't know that we are as frugal as many of this lovely group, but I always ask two questions before most spending:
1. Is it truly necessary?
2. Do I REALLY want it?
My spouse, who does our financial management (with my input ) asked me a few days ago how much I thought we pulled from investments in 2022. I guessed 2.5%, because somehow I thought it was below 4% by the way he asked. He said, "Close-2.2%." I guess we are doing okay. We have been retired almost 9 years and live in NYC. Spouse does a little part-time free-lancework, I think just because he enjoys it, because the pay is insignificant. He took SS at 62, and I will start later this year at 68 1/2.