I'm 61 yrs old and my wife is 60. I've been working in a prof. career for 30 yrs straight. My only daughter is done with college and independent.
My wife is retired. My house is fully paid. Our three vehicles are also paid full. I have very little credit card debt.
We're about to jump to this new chapter. Retirement.
We are frugal and simple. How much liquid asset do you think I need in order to spend about $85,000 US/year. The median income of folks where we decide to live is about $75,000. It is a slightly affluent part of the state.
Thanks,
Birchwood
My wife is retired. My house is fully paid. Our three vehicles are also paid full. I have very little credit card debt.
We're about to jump to this new chapter. Retirement.
We are frugal and simple. How much liquid asset do you think I need in order to spend about $85,000 US/year. The median income of folks where we decide to live is about $75,000. It is a slightly affluent part of the state.
Thanks,
Birchwood