old woman
Full time employment: Posting here.
- Joined
- Dec 22, 2005
- Messages
- 567
My safe number was 250K when I was younger. I could have stayed in my little house and not gone anywhere but I was not thinking right. I wasn't thinking much of inflation and interest rates were really high so living on interest would have been easy. As I aged and got a bigger house I was thinking 400K, I could draw out 4% and collect SS so be fine. Then when I got 400K we had a recession and I lost 170K so i was thinking 800K so I could lose half and be ok. But when I got close my mom died and left me 170 and my investments made 150K in a year so I jumped to a million almost before I knew it. Now down to 960K and it feels like enough, retired and spending like a normal person. If I get down to 500K I might worry but really want to stay over 800K.