RetireAge50
Thinks s/he gets paid by the post
- Joined
- Aug 6, 2013
- Messages
- 1,660
We do not track our spending so out of curiosity I just did a spreadsheet to back into it by taking income and subtracting taxes, mortgage, investments, giving, and education. Result was that we averaged $62,843 spending over the last 3 years (about the same each year).
Seems a bit high but I guess it is what it is. We are a family of 4. For many years we did quicken and did a lot of tracking of categories and such but stopped doing this a long time ago. Any thoughts on whether we are blowing our money?
We are still living below our means as we are on track to retire and have about $90,000 budget starting at age 50.
Seems a bit high but I guess it is what it is. We are a family of 4. For many years we did quicken and did a lot of tracking of categories and such but stopped doing this a long time ago. Any thoughts on whether we are blowing our money?
We are still living below our means as we are on track to retire and have about $90,000 budget starting at age 50.
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