rk911
Thinks s/he gets paid by the post
Hi, I am new here....
Just have a simple question for all experienced people here... If my monthly pension (not include SS and only 57 yr old ) can cover my monthly expense, then, should I retire?
Thanks
i'm late to this thread but the answer to your Q is...it all depends. depends on your chosen lifestyle. if we were to maintain our current level of living and spending and have zero cushion we would need around $9500 per month. but we live waaaaay beneath our means and want for nothing. some could likely live on less (and i'm certain we could as well' while others would require more.
my advice: do not live on the financial edge.