always_learning
Recycles dryer sheets
- Joined
- Feb 2, 2017
- Messages
- 267
I'm suffering from Numbers Fatigue.
It is easy when one is "in the game" ~
Make money
Make a budget
Max retirement savings, if possible
Making those numbers work is another story, but they are still known entities.
It's not so easy now when we're "finishing the game" ~
Analyze AA (OK, not a biggie)
Make a retirement budget. ?? Yeah, right. Spending -- we still have kids at home for another two years so that's tricky (food is the biggie on that one). Health Insurance is up in the air (we may have retiree medical, maybe not, so no numbers for the budget), and Social Security? Sure, I can use the calculators, but with talks of a haircut that would go into effect just before DH can claim (I'm younger), I can't count on those calculators. So budgeting is nigh impossible.
Oh, heh, and if that isn't hard enough, we're wanting to leave our state for a different one so I can only budget based on our property taxes, insurance, etc, in this state. I know prop taxes are higher in our chosen retirement state, as is insurance (car & home), but again... I don't have numbers to go by.
If I can't figure out a budget, how can we decide when it's a good time to RE? It's enough to make one crazy! The savings part we're good on. It's the rest of the stuff that seems to be all variables!
On top of all of that is trying to figure out a withdrawal plan and messing around with tax brackets & income taxes and estate planning. Yeesh.
I can't remember whose sig line is "numbers is hard" but he's right!
I feel like I'm just going round and round and I have several different "what if" budgets out there. Don't get me wrong... I'm nerdy enough that I love all this number-crunching but goodness... I'd like come assurance of what health insurance and SS would be.
Is anyone else in this situation? Or, were you at one point and how did it work out?
It is easy when one is "in the game" ~
Make money
Make a budget
Max retirement savings, if possible
Making those numbers work is another story, but they are still known entities.
It's not so easy now when we're "finishing the game" ~
Analyze AA (OK, not a biggie)
Make a retirement budget. ?? Yeah, right. Spending -- we still have kids at home for another two years so that's tricky (food is the biggie on that one). Health Insurance is up in the air (we may have retiree medical, maybe not, so no numbers for the budget), and Social Security? Sure, I can use the calculators, but with talks of a haircut that would go into effect just before DH can claim (I'm younger), I can't count on those calculators. So budgeting is nigh impossible.
Oh, heh, and if that isn't hard enough, we're wanting to leave our state for a different one so I can only budget based on our property taxes, insurance, etc, in this state. I know prop taxes are higher in our chosen retirement state, as is insurance (car & home), but again... I don't have numbers to go by.
If I can't figure out a budget, how can we decide when it's a good time to RE? It's enough to make one crazy! The savings part we're good on. It's the rest of the stuff that seems to be all variables!
On top of all of that is trying to figure out a withdrawal plan and messing around with tax brackets & income taxes and estate planning. Yeesh.
I can't remember whose sig line is "numbers is hard" but he's right!
I feel like I'm just going round and round and I have several different "what if" budgets out there. Don't get me wrong... I'm nerdy enough that I love all this number-crunching but goodness... I'd like come assurance of what health insurance and SS would be.
Is anyone else in this situation? Or, were you at one point and how did it work out?