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Old 09-07-2020, 08:08 AM   #41
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Excluding income taxes, through August we are slightly over last year and slightly under 2012-2019 average for same period. This is well within the year to year fluctuation we have experienced.
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Old 09-08-2020, 12:14 PM   #42
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Spending much less because of no travel, etc. It does not matter. What we don't spend this year or through part of next year will be spent on travel in late 2021 (hopefully) and 2022.

No budget really. I just know that we are not drawing much from our savings account other than income tax installments.
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Old 09-08-2020, 01:53 PM   #43
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YTD through August our spending is down 21% compared to the same period in 2019.

If I remove the travel category, our spending is UP 9% from the last year span, mostly because I've been blowing through some discretionary dough.
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Old 09-09-2020, 08:43 AM   #44
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Hard to see how much went out the window for restaurant food and drink. I enjoy eating out and drinking in my local tavern so can't wait to go back but maybe never as often.
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Old 09-09-2020, 09:25 AM   #45
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From January 1st thru August 31st I have spent a total of $10,487 or $1,498.14/month. That's pretty normal for me. I don't really have a budget I just want to make sure to earn more than I spend. If I finish my current contract job I will make around $26,000 gross for the year working just 73 days which should be higher than my expenses.
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Old 09-09-2020, 09:51 AM   #46
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NOT ER yet... still 130 months left on the trail...

But, spending...its up. We had to decrease 401k contribution for first time. 3 kids in daycare got to us this year, with a slight reduction in overall income for this year...I guess you can't win em all.


Had we not had an increase in daycare costs, we would be totally in the green. Next year we will be able to save more than we ever have...can 2020 be done yet

EDIT To add, to be fair I had been looking for ways and had legit opportunities to increase our savings this year but they never came to fruition...I MIGHT have one saving grace as I am consulting but not getting paid...hoping to change that lol. MIGHT end up in the green at the end if this race after all.

Other small things that are down... Petro Bill, Eating out bill, activity and entertainment budget slightly down, vacation budget down a lot, car insurance and registration as expected.

Things that are up: Utilities now that we live at work and school and most recurring bills got jacked up over COLA and random fees as expected.
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Old 09-09-2020, 12:26 PM   #47
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130 months?

So you will have been at ER for almost 20 years when you finally pull the trigger?
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Old 09-09-2020, 12:59 PM   #48
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130 months?

So you will have been at ER for almost 20 years when you finally pull the trigger?
I am not retired yet. I have 130months before I will be. Just under 11 years.
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Old 09-11-2020, 06:34 PM   #49
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Currently expecting travel spending to be 15k below budget, and healthcare expenses about 10k above budget.

Former is due to Covid-19, latter is fortunately not (foot surgery and minor heart issues).

Other expenses are mostly in line - dining out down but takeout, delivery, and groceries are up to compensate.
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Old 09-11-2020, 07:52 PM   #50
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When COVID hit, I set the spending plan (I don't call it a budget) at 75% of last year's actual spending. At the rate we're going, it looks like we'll end up more like 65%.
Yes, when COVID-19 hit, we changed our discretionary spending to 55% of the original budget.
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Old 09-12-2020, 01:29 AM   #51
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Fortunate so far - Have no SWR since I retired in 2018. DW still working and my pension more than covers our spending including last years trip to GermAny and Australia. I am working on what the heck I will do when I hit the RMD age since giving it to the government is not an attractive option
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Old 09-12-2020, 12:46 PM   #52
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COVID has helped me spend less than I usually do. Silver lining, I guess.
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