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01-29-2020, 07:00 AM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2010
Posts: 5,914
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We do not budget for travel. Two international 7-8 week trips per year. Shorter in country plus the occasional last minute Al in between.
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01-29-2020, 07:13 AM
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#22
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Recycles dryer sheets
Join Date: Oct 2007
Location: Georgetown
Posts: 423
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Over 50% of our budget is discretionary. When we have big expenses (e.g., when we redid our backyard last year or eventual new car) that comes out of the discretionary bucket; otherwise it is all travel. First three years of retirement that has been close to 60% of our actual expenses.
Marc
__________________
"Adventure is just bad planning"
Roald Amundsen
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01-29-2020, 07:14 AM
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#23
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,729
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Our monthly spending including taxes is ~$70K. I'd say 15% of that. We'll adjust up to 20-25% in year or two, when pension kicks in.
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
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01-29-2020, 09:48 AM
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#24
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2014
Posts: 7,058
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It really varies for us. We always take one big trip and a few weekends. Most years we spend 5k but some 10k.
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01-29-2020, 09:55 AM
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#25
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2015
Posts: 5,867
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about 10%, more or less.
__________________
Give a Man a fish, he will eat for a day.
Teach a Man to fish, he will eat for a lifetime.
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01-29-2020, 10:01 AM
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#26
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 5,214
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About 15%. I only spent about 50% of it 2 years ago, but I went over by about 10% last year.
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01-29-2020, 10:09 AM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,099
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For the past 3 years we have averaged $15K (not counting fuel or food) on travel per year.
I do look for a good value which may not always be the cheapest.
We get 3 -> 4 trips per year for a total of about 3 months.
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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01-29-2020, 10:14 AM
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#28
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Recycles dryer sheets
Join Date: Jan 2017
Location: Bay Area
Posts: 248
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I retired with a set aside for travel (even though I don't travel much- I just liked having options). It was ~30% of total spending, including taxes. I've actually spent none of it, as caregiving requirements have kept me close to home.
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01-29-2020, 10:26 AM
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#29
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Thinks s/he gets paid by the post
Join Date: Jun 2016
Posts: 4,663
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Quote:
Originally Posted by Nemo2
Wow, that's a long time to be gone.
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[emoji23]
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01-29-2020, 10:34 AM
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#30
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Recycles dryer sheets
Join Date: Nov 2012
Posts: 226
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I don't really budget, but my annual spend on travel has run from 20% to 33% of my spending.
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01-29-2020, 10:34 AM
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#31
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 4,366
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22%, though I think we're falling behind in spending it.
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01-29-2020, 12:23 PM
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#32
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2014
Posts: 7,373
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Mine is pretty consistently 20%. That's two "big trips" per year (this year will be the Galapagos and a couple of weeks in Europe) and then short hops to visit family, stay in my favorite B&B 4 hours away, and whatever else comes up. Last year it was a family wedding in Charleston, SC; I just got back a few days ago from my youngest brother's retirement party in Charlotte.
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01-29-2020, 12:27 PM
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#33
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Quote:
Originally Posted by Nemo2
Wow, that's a long time to be gone.
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Yes, but consider the distance traveled and not the year gone!
Yeah. 5.9 trillion miles is quite a trip!
__________________
*********Go Yankees!*********
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01-29-2020, 12:34 PM
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#34
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by aja8888
Yeah. 5.9 trillion miles is quite a trip!
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With no rest stops!
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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01-29-2020, 12:52 PM
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#35
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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No budget for me, as we do not travel extravagantly and whatever the expenses add up to, they don't break me.
Just out of curiosity, I looked and we spent 20% in 2019, and 10% in 2018.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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01-29-2020, 01:37 PM
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#36
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Full time employment: Posting here.
Join Date: Aug 2019
Posts: 691
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We bought a camper to be able travel. As a result, we spend less when we go on camping vacation (we stay at cheap or free govt campgrounds mostly). So depending on how long the camper lasts gives the % cost
__________________
--At what age does spending less now in order to have more later stop making sense?
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01-29-2020, 02:37 PM
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#37
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Recycles dryer sheets
Join Date: Feb 2012
Location: vinton
Posts: 128
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It really depends year over year. I'd say it averages about 15% but that will go up after I turn 59 1/2 and start withdrawing some of my Roth IRAs money.
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01-29-2020, 04:06 PM
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#38
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Thinks s/he gets paid by the post
Join Date: Dec 2017
Posts: 2,555
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45-50% in the early ER years.
__________________
Balance in everything.
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01-29-2020, 04:09 PM
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#39
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2007
Posts: 9,962
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Quote:
Originally Posted by Rianne
Our monthly spending including taxes is ~$70K. I'd say 15% of that. We'll adjust up to 20-25% in year or two, when pension kicks in.
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Over 10K a month, can I tag along in your suitcase...
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01-29-2020, 04:28 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Reading, MA
Posts: 1,802
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Quote:
Originally Posted by Rianne
Our monthly spending including taxes is ~$70K. I'd say 15% of that. We'll adjust up to 20-25% in year or two, when pension kicks in.
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$70k per month is an impressive amount in retirement...
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