Jul 7, 2024
9:41:41am
9:41:41am
Retired two years ago. Income now is 75% of final work income.
House is paid off, and current spending is about 65% of final work income, so most months we are still saving.
Retired at 70, final work income was under 100k. Social Security makes up 80% of our non-investment income, so the SSA COLA is very helpful in not getting completely hammered by inflation.
Retired at 70, final work income was under 100k. Social Security makes up 80% of our non-investment income, so the SSA COLA is very helpful in not getting completely hammered by inflation.
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- Florwood
- Joined
- Mar 10, 2010
- Last login
- Oct 5, 2024
- Total posts
- 27,649 (76 FO)
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Jul 6, 9:28pm
Jul 6, 9:41pm
I retired 4 years ago. We tend to spend about the same as before we retired, but a couple of factors to think about:
Jul 6, 10:28pm