What percent of your annual spending comes from Social Security?

[audreyh1]

Somewhere there is a link to common forum acronyms.

 

[Aiming_4_55]

I’m new here. Please define DH. Thank you

DH – dear husband

Other common abbreviations:
DW – dear wife
DD – dear daughter
DS – dear son
DSD – dear stepdaughter
DSS – dear stepson
FIL - father-in-law
MIL - mother-in-law
BIL – brother-in-law
DIL – daughter-in-law

 

[Lewis Clark]

Somewhere there is a link to common forum acronyms.

* Acronyms, abbreviations and Slang Frequently Used on the Forum *

Standard Acronyms and Abbreviations You May Find on the Forum This list will only grow if you submit acronyms you use or that need defining. I will up date this message, adding new acronyms as they are submitted to the list. It is always better to use the full words, but we know how much...

www.early-retirement.org

 

[audreyh1]

Ah, I now see that’s under Early Retirement FAQS! Thanks!

 

[almost there]

Am thinking SS is a high percentage here, as most here are frugal.
Not cheap. But seldom spend much on silly / frivolous things.
A main reason most folks can retire early in the 1st place.
Aside from those with huge pensions, inheritance, etc.
Example, we could spend almost double of what we have available to spend monthly.
And still not touch any principal. Just how we are programed.

Added / example, bought a new Toyota T100 in 1995, new Lexus for the wife in 2005.
Both are still just fine. LOL LOL Fun cars come and go. Same with bikes.
But daily drivers seldom change.

 

[Winemaker]

DW's gross SS is less than 10% of last year's income. Once I claim at 70 in 3+years, it will be ~30% of income. We spend about half of our income.

 

[Teacher Terry]

SS was a 5th of my income and now with the repeal of WEP/GPO it will be a third.