Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 11-25-2019, 09:46 AM   #101
Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Western NC
Posts: 4,367
Originally Posted by corn18 View Post
I know, right? That $900 a month translates to $270k of extra savings required to retire.

The issue we are having now is downsizing our house. We are moving to be near our kids. Probably won't live there forever but might be a while. The two of us are currently living in a 4600 sq ft McMansion. We don't even go upstairs where the media room, game room and 3 bedrooms are. I budgeted $500k for our next house. Well, seems momma can't find anything she would be willing to live in that costs less than $700k. And she wants to have a budget for renovation and more furniture. Oh my. I found a few that were $450k that I thought were ridiculously huge for 2 people (4k sq ft). We'll see how this goes. We are house hunting while we are with the kids for Thanksgiving this week.
Come move here...Zillow has the 3BR/3BA two-story town houses in our development as ~2800 sqft & you can buy 'em for ~$200k all the day long...
ncbill is offline   Reply With Quote
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 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!

Old 11-25-2019, 09:52 AM   #102
braumeister's Avatar
Join Date: Feb 2010
Location: Flyover country
Posts: 23,993
The 1,200 sf house I grew up in sold ten years ago for $525K.
My parents bought it for $10K right after WW II.
I think location is relevant.
I thought growing old would take longer.
braumeister is offline   Reply With Quote
Old 11-25-2019, 10:09 AM   #103
Recycles dryer sheets
Join Date: Feb 2013
Location: Boise
Posts: 420
Don't be surprised that when retired you will find other interests that may need money to support. I'm not a bird fan, but drop well over $200 each month to feed the birds at the feeders in our front lawn bed and the silly domesticated duck that someone dropped off at the pond where I golf. Not that any of them need me, but I enjoy it and it was not part of my initial budget.

Three old cars here, just waiting for one to die. We need two as we have different interests and schedules.

We retired at a good time due to the market, but was roughly only at 90% of where I wanted to be. It would have sucked big time to take the small severance package and retire in to a downturn.

Having enough cash and assets in taxable accounts help with the ACA. Still years from Medicare.

Good luck and enjoy retirement!
jcretire77 is offline   Reply With Quote
Old 11-25-2019, 10:47 AM   #104
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Teacher Terry's Avatar
Join Date: Jun 2014
Posts: 6,714
When I saw the dog expenses I assumed multiple dogs on medications. We had medication bills around 400/month for 4 old dogs. The bigger the dogs the more expensive the meds.
Teacher Terry is offline   Reply With Quote
Old 11-25-2019, 12:03 PM   #105
Thinks s/he gets paid by the post
corn18's Avatar
Join Date: Aug 2015
Posts: 1,890
Originally Posted by Teacher Terry View Post
When I saw the dog expenses I assumed multiple dogs on medications. We had medication bills around 400/month for 4 old dogs. The bigger the dogs the more expensive the meds.
Affirmative. Diabetic cat. Old dog with Cushing's.

I will be presenting this cart to CINCHOME (my wife) today:

Consistently sets low goals and fails to achieve them.
corn18 is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
is it dangerous to forecast declining expenses? jabbahop FIRE and Money 45 12-26-2021 02:54 PM
Slow and Steady Saving Still Pays Onward Young Dreamers 4 01-02-2011 11:05 AM
21 year old college student with $2m in assets and a "steady" income xSoup Hi, I am... 27 05-30-2008 06:50 PM
Declining COL in retirement?... Cb FIRE and Money 31 06-09-2005 01:47 PM
Steady as she goes................ John Galt Life after FIRE 7 03-06-2005 01:38 AM

» Quick Links

All times are GMT -6. The time now is 11:33 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.