How has your retirement spending differed from your projections?

[wyecrabber1]

We tracked our expenses prior to retirement for 15+ years prior to retirement. We planned on retiring to St. Augustine and paying cash for our home. Fortunately, SS and our pensions cover our annual expenses with 15% of budget being discretionary. Was able to take my medical coverage with me. DW wife has been retired for 6 years. I'm approaching 4 years. Have not touched our investments. Looking at some travel and replacing the vehicles over the next 3 years.

Time to think about blowing that dough -- at least a little bit. RMDs kick in a two years.

[Markola]

I’m delightfully surprised at all the ways our spending is shrinking in FIRE without pain or sacrifice. Just yesterday, we received our 2020 tax returns and, looking ahead, I think we will fall into the next lower bracket next year.