Quote:
Originally Posted by Stewie
How in the world do you think SS is beer money? Are you just getting the minimum?
I paid into the system for 45 years and get a substantial amount every month. It covers all taxes, all insurance and all living expenses with about $1200 left for discretionary spending each month.
That being said, I have no debt, but may buy a new vehicle in the future.
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I paid in for 49 years, but it's not really all that much when compared the payouts I'm getting from the rest of my portfolio, so I like to think of it as "beer money"/"a dive trip a month" slush fund when I decide to take it. As long as it can pay the price of a good liveaboard each month, and it should, I'm happy.
And I'm with you, we have very few bills so retirement is looking good, and SS is going to make it even more fun.