- Joined
- Nov 17, 2015
- Messages
- 14,054
We always like to remind others to include wiggle room for lumpy expenses in their budgets, and often see folks projecting plans for retirement that seem to miss the irregular big things that can crop up. For us this year was a doozy. I figured this might be a good place to capture them to just to show how things can result in Blowing That Dough even when you didn't want to, but had to:
$1200 - moved our water main line to accommodate a new pool (found out after the dig started...)
$900 - shower repair. The tiles lining our stand-in shower - 18" square travertine - were coming loose. No way to DIY that safely.
$5500 - new AC. Our compressor died, 13 years, beyond repair as the factory welds were corroded
$600 - new washing machine...would have been $300 parts to repair
$1800 (this one hurt) correcting/reinstall of our new pergola after the first one was botched. In reality it's the original, planned, $700 that was the sunk cost, as the $1800 is what we should have paid to do it right to begin with
$300 - garage door springs broke/replaced
~$5000 - a medical emergency left DH meeting his full high deductible on our health plan (he's fine now). We do always expect to have some expenses beyond premiums, and have HSA money, but I see a lot of folks look at the costs of healthcare and only plan for premiums in their budgets. We're 52 so, yeah don't tell me you're young so you don't have to worry yet!
So... yeah. 15k of stuff we had no reason to expect on Jan1! (not the best year for me to have also decided to get lots of new furniture as well...)
Anyone else have some of these?
$1200 - moved our water main line to accommodate a new pool (found out after the dig started...)
$900 - shower repair. The tiles lining our stand-in shower - 18" square travertine - were coming loose. No way to DIY that safely.
$5500 - new AC. Our compressor died, 13 years, beyond repair as the factory welds were corroded
$600 - new washing machine...would have been $300 parts to repair
$1800 (this one hurt) correcting/reinstall of our new pergola after the first one was botched. In reality it's the original, planned, $700 that was the sunk cost, as the $1800 is what we should have paid to do it right to begin with
$300 - garage door springs broke/replaced
~$5000 - a medical emergency left DH meeting his full high deductible on our health plan (he's fine now). We do always expect to have some expenses beyond premiums, and have HSA money, but I see a lot of folks look at the costs of healthcare and only plan for premiums in their budgets. We're 52 so, yeah don't tell me you're young so you don't have to worry yet!
So... yeah. 15k of stuff we had no reason to expect on Jan1! (not the best year for me to have also decided to get lots of new furniture as well...)
Anyone else have some of these?