I agree with the need to track. The good news is that I've been tracking our spending for years. Our retirement spend budget is higher than current spend, as I know we'll have more time to travel and entertain ourselves, plus we will spend more on healthcare. Of our total budget, about 60% is essential and 40% could be reduced or cut out completely for months or even years if things don't go as planned. Our WR is planned to be higher in the early years before SS kicks in, but can be reduced if the market drops substantially. Also I have a pension I can start taking anytime that will cover about half of our mandatory costs, but want to defer as long as possible as it goes up 7-8% for every year I don't take it.
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