Just curious if there has been discussion here about purchases to make in the year or two leading up to RE? Do people replace appliances, AC, vehicles and some of those type of expenses in the year or two before retiring?
I run my own business and our goal is to RE anywhere from 44-50, depending on market conditions and our portfolio value, if things were down significantly, I would continue until a time when it made sense to step away.
Just wondered if it was a good idea, or if there was a standard approach to cash flow replacement of some of those items that may be nearing replacement age prior to retirement?
I run my own business and our goal is to RE anywhere from 44-50, depending on market conditions and our portfolio value, if things were down significantly, I would continue until a time when it made sense to step away.
Just wondered if it was a good idea, or if there was a standard approach to cash flow replacement of some of those items that may be nearing replacement age prior to retirement?