blueskyk
Recycles dryer sheets
Did Anyone Retire with "Only" .75M$ Saved?
We did too. Had about $750K in Investment assets, no debt, paid off house. But, we also have pensions (with survivability) coming at 65 (next year) plus decent SS (DH took his at 62, I’m waiting longer). These other income streams (about $7K/mo) leave us with sufficient spend for our lifestyle without having to use investment proceeds. We also have really good LTC insurance.
The key for us? We have a budget we agree upon and abide by so we knew what we needed going forward.
We did too. Had about $750K in Investment assets, no debt, paid off house. But, we also have pensions (with survivability) coming at 65 (next year) plus decent SS (DH took his at 62, I’m waiting longer). These other income streams (about $7K/mo) leave us with sufficient spend for our lifestyle without having to use investment proceeds. We also have really good LTC insurance.
The key for us? We have a budget we agree upon and abide by so we knew what we needed going forward.
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