A summary of one couple's ongoing financial status.
This long thread summarizes 30 year of retirement experience. Too long to read now, but kind of a backup to this thread from the activity/money standpoint. 30 years of happiness, with no regrets or feelings that we missed the best part of life.
http://www.early-retirement.org/forums/f27/sharing-23-years-of-frugal-retirement-62251.html
Now it comes down to where we are today... some real dollars of income and expenses.
Simple Numbers... Ongoing income...
Social Security for 2 @ age 62, now $25,000 yr.
From $110K in I bonds bought in 2000-2003... $12,000 yr in interest..
Total income $37,000.
Actual outgo....
Expense Est. Item reg exp's
Food home 90/week 4680
Eat out 20/wk 1040
Upkeep 1000
House Taxes 2900
House Insur. 1050
Phone/intnet/tv 2300
Utilities 1800
HMO 1800
Car Deprec +gas 1000
Car Ins 1200
Car Lic + reg 220
Medicare 280 mo. 3360
med supp. 280 mo. 3360
repair/replace est. 1000
fun/sin 25/week 1300
Dental misc meds etc 3000
Nursing Home Insur 2200
Misc newsp/clean mat. 400
Tot annual Expense 36880
While we were snowbirding in FL, 1990 thru 2012, our expenses were about $7000 more per year. Sold in May of this year.
We certainly don't feel poverty stricken, nor, at this age, do we wish we could travel or indulge in major adventures.
To date... our original $$$ in total net worth (retired @53 in 1989), (now 82) is exactly the same as it was the day we took SS @ age 62.
Thought some might be interested in what income and expenses could look like 30 years after retirement..
This long thread summarizes 30 year of retirement experience. Too long to read now, but kind of a backup to this thread from the activity/money standpoint. 30 years of happiness, with no regrets or feelings that we missed the best part of life.
http://www.early-retirement.org/forums/f27/sharing-23-years-of-frugal-retirement-62251.html
Now it comes down to where we are today... some real dollars of income and expenses.
Simple Numbers... Ongoing income...
Social Security for 2 @ age 62, now $25,000 yr.
From $110K in I bonds bought in 2000-2003... $12,000 yr in interest..
Total income $37,000.
Actual outgo....
Expense Est. Item reg exp's
Food home 90/week 4680
Eat out 20/wk 1040
Upkeep 1000
House Taxes 2900
House Insur. 1050
Phone/intnet/tv 2300
Utilities 1800
HMO 1800
Car Deprec +gas 1000
Car Ins 1200
Car Lic + reg 220
Medicare 280 mo. 3360
med supp. 280 mo. 3360
repair/replace est. 1000
fun/sin 25/week 1300
Dental misc meds etc 3000
Nursing Home Insur 2200
Misc newsp/clean mat. 400
Tot annual Expense 36880
While we were snowbirding in FL, 1990 thru 2012, our expenses were about $7000 more per year. Sold in May of this year.
We certainly don't feel poverty stricken, nor, at this age, do we wish we could travel or indulge in major adventures.
To date... our original $$$ in total net worth (retired @53 in 1989), (now 82) is exactly the same as it was the day we took SS @ age 62.
Thought some might be interested in what income and expenses could look like 30 years after retirement..
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