|
|
01-21-2017, 10:35 AM
|
#21
|
Recycles dryer sheets
Join Date: Nov 2016
Posts: 90
|
Here's my guess (are you going to tally things up for a "wisdom of crowds" experiment?)
$5100
Rent: 1700 (that's about 1/3 of what I'm paying for my house that's half your's size )
Utility: 400 (light/gas/water)
Household: 400
Auto loan: 400
Auto insurance (2 cars): 200
Gas etc: 200
Food (grocery & restaurant): 800
Clothes: 300 (including gear, etc. for kids)
Entertainment: 200
Others: 500 (including vacations)
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
01-21-2017, 10:35 AM
|
#22
|
Recycles dryer sheets
Join Date: May 2011
Location: Austin
Posts: 375
|
We lived at the corner of Mary and El Camino (Sunnyvale) in 98. A small 1 bed room but nice and convenient.
Never could we at that time imagine we will pay twice as much for property tax 20 years later In Austin.
As rodi said, we traded property tax for state tax. We actually saved a bunch during the 9 years here, though saving money was not the main reason we moved to Austin.
We are very happy with the current home and really enjoying it. The similar houses in Bay Area easily cost 3 to 5 times more.
We definitely will sell after kids leaving for college. We expect to downsize to 2000 sqft and cut every housing related expenditure in half.
Austin is not very cheap any more. But we don't plan to relocate immediately after retirement. We want to stay somewhere warm, so that it is easy for kids to join us for Christmas, at home.
|
|
|
01-22-2017, 04:53 PM
|
#23
|
Thinks s/he gets paid by the post
Join Date: Jul 2007
Location: St. Louis
Posts: 1,563
|
HillCountry and the answer is?
|
|
|
01-22-2017, 06:23 PM
|
#24
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
My guess is $10,000/month, but that is not based on any computations. Just life.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
01-22-2017, 07:15 PM
|
#25
|
Full time employment: Posting here.
Join Date: May 2011
Posts: 873
|
And the answer is?
|
|
|
01-22-2017, 07:39 PM
|
#26
|
Full time employment: Posting here.
Join Date: Apr 2014
Location: Houston
Posts: 958
|
I give up. Time to move on.
__________________
"Learn everyday, but especially from the experiences of others. It's cheaper! " - John Bogle
|
|
|
01-23-2017, 05:15 PM
|
#27
|
Recycles dryer sheets
Join Date: May 2011
Location: Austin
Posts: 375
|
Here is the housing cost numbers.
1998
Rent 850
Utility 100
Household 100
2017
Property tax 1700
Insurance/HOA 250
Utility 500
Household 500
Insurance at 2100 per year is a pretty reasonable number for a structure valued at 600k. I believe it's much lower than east/west coast. It is lower than other major cities of Texas.
Utility includes biweekly gardener service. Household includes any house repair, such as deductible for roof replacement (average one every 10 years in Austin).
Currently, hosing is the largest non-discretionary category.
There was one category missing but is now growing fast which is health care. We paid pretty much nothing then but now we are paying 450 monthly premium for HDHP. And all our family need glasses and dental work. That comes at about another 400 per month.
|
|
|
01-23-2017, 05:18 PM
|
#28
|
Thinks s/he gets paid by the post
Join Date: Oct 2015
Posts: 2,330
|
Quote:
Originally Posted by Whisper66
I give up. Time to move on.
|
That!
|
|
|
01-23-2017, 05:49 PM
|
#29
|
Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
|
Quote:
Originally Posted by HillCountry
Here is the housing cost numbers.
1998
Rent 850
Utility 100
Household 100
2017
Property tax 1700
Insurance/HOA 250
Utility 500
Household 500
Insurance at 2100 per year is a pretty reasonable number for a structure valued at 600k. I believe it's much lower than east/west coast. It is lower than other major cities of Texas.
Utility includes biweekly gardener service. Household includes any house repair, such as deductible for roof replacement (average one every 10 years in Austin).
Currently, hosing is the largest non-discretionary category.
There was one category missing but is now growing fast which is health care. We paid pretty much nothing then but now we are paying 450 monthly premium for HDHP. And all our family need glasses and dental work. That comes at about another 400 per month.
|
So who was closest to your monthly spend? You implied this was a game... who won?
(Pick me, pick me!!! LOL)
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
|
|
|
01-24-2017, 04:35 PM
|
#30
|
Recycles dryer sheets
Join Date: Jul 2012
Posts: 287
|
outside of housing, Month costs
4000 monthly school tuition
1500 Country Club Dues
3000 Month Vacations averaged
2000 Boat dockage
1000 Month gas /diesel
5000 Month Brokerage fees
15000 Month Federal Taxes Averaged
2000 Month Insurances (cars, Boat, Umbrella Etc)
1000 Grocery
1500 Restaurants
1000 vet/equestrian
500 Recreational Drugs (Alcohol / Other)
2500 Auto Leases (Bentley & Extended Pick-up)
5000 Charity
$40 - $45K Monthly Spend. Balance to savings / investment.
Am I close?
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|