Brett_Cameron
Thinks s/he gets paid by the post
if it were just DW and I, $90k/year would be ok. As it is with two children in private school, we are spending more, the spawn are expensive.
novaman said:Wow! Less than 20% say they would be dissappointed in this amount. I must reevaluate my situation. I've got enough to generate 160k a year and I thought I still need to bump it up.
This site keeps me in a state of continual cognitive dissonance. Your sum seems completely reasonable, as do the others posted. Private school is expensive, as are homes in the neighborhoods that might make them unnecessary. In a city, there are few of these neighborhoods anyway. Yet people usually mock the idea of private school. My Granddaughter goes to a private school. They live in an expensive neighborhood, but near the Central city, school districts are rarely limited to one neighborhood. I spend much less, but I am an older bachelor living in the middle of a city with no car, Medicare, and a paid for condo. And of course I have much less also, so I couldn't spend it if I wanted to.if it were just DW and I, $90k/year would be ok. As it is with two children in private school, we are spending more, the spawn are expensive.
Girl friends can also be expensive!!Bump it up man. You never know when you may need more wives.
Ha
This site keeps me in a state of continual cognitive dissonance...
But so many other posts seem to suggest that people are mainly living on air, that they pay essentially no taxes, that they have never spent $300/ head on food, etc../
Wow! Less than 20% say they would be dissappointed in this amount. I must reevaluate my situation. I've got enough to generate 160k a year and I thought I still need to bump it up.
In my latest mock budget for retirement I came up with $85,200 before income taxes. If state and fed tax amount to 12 - 15% of pretax income, the required gross would be $96,800 to $100,235.
I budgeted $14,400 for annual health insurance premiums and $3,600 for annual out of pocket costs. That might not even be enough.
Also included are discretionary spending on dining out, vacations/travel, hobbies, etc. at $23,400 per year.
All of this in 2012 dollars. I run different scenarios but can't get past the fact that gross of $100K would work but $90K would cut it close.
That will get an average home in the areas of my 2 homes.Assumptions are: two in household, paid off $300K home with property tax at 1% of value. So this would require moving to an area with lower housing costs than San Diego.
We pay significantly less than that (wife has the cost of the premium, I do not have exact # on hand), probably because of our $10K/yr deductible.I budgeted $14,400 for annual health insurance premiums and $3,600 for annual out of pocket costs. That might not even be enough.
That will get an average home in the areas of my 2 homes.
We pay significantly less than that (wife has the cost of the premium, I do not have exact # on hand), probably because of our $10K/yr deductible.
I do not know where your money goes, but I spent less than $90K in the last 12 months, and do not feel wanting anything. But then, perhaps I have cheap tastes.
Not to mention the best drivers in the country
\ he needed SEVEN HUNDRED AND FIFTY THOUSAND DOLLARS A YEAR to maintain his lifestyle!!! Wha? How do you spend that..I stammered. Well, he said, his wife probably spends $100,000 a year just at Whole Foods. And he went on to explain how rough it is to try to come up with the $20 million or so he'd need
Well ..... this IS the early retirement forum, and many people have chosen to retire early rather than keep w*rking and accummulate more funds.Wow! Less than 20% say they would be dissappointed in this amount. I must reevaluate my situation. I've got enough to generate 160k a year and I thought I still need to bump it up.
Wow! Less than 20% say they would be dissappointed in this amount. I must reevaluate my situation. I've got enough to generate 160k a year and I thought I still need to bump it up.
I have yet to see Larry Ellison making a comment.
... it can be interesting to hear their perspectives. Miller lite is more popular than a nice Imperial Russian Stout - is that supposed to convince me to re-evaluate my preferences'?
This is my position also.Now that we are talking about beers, although I am no beer connaisseur, I know Miller lite does not make me "happy" as something tastier like Duvel or Tripel. But what is this "Imperial Russian Stout"? I might not know what I have been missing.
Now that we are talking about beers, although I am no beer connaisseur, I know Miller lite does not make me "happy" as something tastier like Duvel or Tripel. But what is this "Imperial Russian Stout"? I might not know what I have been missing.
I need to search BevMo! to see if I can get some. See, I am quite willing to re-evaluate my preferences, given new info.
OLD RASPUTIN RUSSIAN IMPERIAL STOUT
Produced in the tradition of 18th Century English brewers who supplied the court of Russia's Catherine the Great, Old Rasputin seems to develop a cult following wherever it goes. It's a rich, intense brew with big complex flavors and a warming finish.
The Old Rasputin brand image is a drawing of Rasputin with a phrase in Russian encircling it—A sincere friend is not born instantly.
How hard it is to make and keep a good friend.
–"Jericho," Joni Mitchell
VITAL STATISTICS
Style: Russian Imperial Stout
Color: Black
ABV: 9%
Bitterness: 75 IBUs
You are right that as we get older and consume less, one should look to upgrade in quality as he cuts back on quantity. It might not cost that much more.Things can always be upgraded, in terms of quality, not quantity.
Still, I am not going to pay high prices for something that I consider past the diminishing return point, or something that my palate or taste cannot distinguish or appreciate. I do not buy expensive wine for that reason. Expensive liquor, yes, expensive wine, no.Quantity quickly reaches its utility limits, but not so quality.
I would not feel comfortable letting someone clean my house unless it is already quite tidy. And if it is so, why wouldn't I finish the cleaning myself? I may reconsider in the future, but at this point think I am not likely to change.I clean my own house. Could that be upgraded? Let me think...
You never lived where maid service is a give?. People would think you were nuts and a miser if you insisted on cleaning your own place. At the same time, she comes often, so your man-pad never gets to be a hellhole like it can when we do all the work ourselves.I would not feel comfortable letting someone clean my house unless it is already quite tidy. And if it is so, why wouldn't I finish the cleaning myself? I may reconsider in the future, but at this point think I am not likely to change.
I found that the BevMo! near my home had several examples of RIS, but not the one you posted. I will try a sample to see if I like it."Imperial Russian Stout", or "Russian Imperial Stout", "RIS" for short.
Here's a world class example:
Old Rasputin - Imperial Stout