Can I afford this??

[gayl]

I basically live on my pension but if I do these 5 cruises I won't continue to save all my SSA pymt. Which is only 2035 after 25% deducted for taxes. I've got at least 550 onboard credits for most (only 350 for Cabo) and typically spend less than that. Also have 6 month EF at regular bank

 

[ProspectiveBum]

If you truly live off your pension income, and typically save your SS payments, AND have something north of $900K in cash and investments? I’d say BTD, and enjoy!

 

[MarieIG]

From your posting history, I'm presuming that you have a good emergency fund set aside.

Enjoy your cruises.

 

[Bamaman]

We've been on a bunch of cruises and have been to virtually every island in the Eastern Caribbean and around Mexico. We've also been on 4 European cruises from Russia to Turkey. The only cruises we really care to take in the Caribbean are out of San Juan.

But we only take cruises when they're discounted heavily--a bargain. We prefer brands of ships that are on the same level as Celebrity because they're often good values.

 

[Teacher Terry]

Yes you can afford it. Go and have fun!! No one knows how many more trips around the sun we will have. Go while you can.

 

[iloveyoga]

Enjoy your cruising!! Go for it!

 

[latexman]

Since your pension covers living expenses, you can blow about $35k a year (872,862 X 4% = $34,914.48).

Go, enjoy, no worries!

 

[mystang52]

Since your pension covers living expenses, you can blow about $35k a year (872,862 X 4% = $34,914.48).

Go, enjoy, no worries!

This. Enjoy!

 

[gayl]

Thanks everyone. I thought it would be ok but sis disagreed and had me doubting

 

[RobbieB]

Yeah Baby!

This is retirement. You're not still supposed to be saving money -

 

[pacergal]

Yes, you can afford it. Use your pension and SS for living expense, and fun.
, and you still have your investments for LTC if needed and as backup.
Enjoy your trips!!

 

[Sunset]

Thanks everyone. I thought it would be ok but sis disagreed and had me doubting

Just announce to everyone you have changed your Will and are leaving everything to the SPCA.
Then nobody will worry you are spending too much of their inheritance.

 

[Ronstar]

Yeah Baby!

This is retirement. You're not still supposed to be saving money -

+1