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03-23-2024, 06:24 PM | #1 |
MVP
Join Date: Dec 2018
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Hey Stewie and BRC that's impressive you can meet expenses with just SS. The data I've seen is the average retired couple household is around 5k spending a month. Which if they are both drawing they could be covered. I did a quick budget and could see my discretionary spending as low as you suggest, simple life, single, just don't want/need much.
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03-23-2024, 07:14 PM | #2 | |
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Quote:
We are simple people....no extravagance in our lives. Like BRC having Medicare A & B along with the supplemental part G actually is better than the Medical I had at my present employer. (We chose to go with Medicare this year instead of the company insurance which was more expensive) |
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03-23-2024, 08:16 PM | #3 | |
MVP
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Quote:
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03-23-2024, 08:40 PM | #4 | |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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VARSITY
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Quote:
__________________
Time is worth more than money. |
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03-23-2024, 09:01 PM | #5 | |
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03-23-2024, 09:05 PM | #6 | |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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VARSITY
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Quote:
__________________
Time is worth more than money. |
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03-23-2024, 10:12 PM | #7 | |
On Hiatus
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Quote:
But yes....like you I was surprised about how good it is. But I will say that once a person decides to retire and switch to Medicare, start the process 6 months ahead. Trust me...you will be glad you did. |
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03-23-2024, 10:19 PM | #8 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
I did a notable Roth conversion this year, and it's going to end up costing me a Medicare surcharge, which really stinks. I ran the numbers and I'm still ahead of the game to do the conversion, but the surcharge bites into my advantage.
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I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit. |
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03-23-2024, 08:32 PM | #9 | |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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VARSITY
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Quote:
__________________
Time is worth more than money. |
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03-23-2024, 06:49 PM | #10 |
MVP
Join Date: Mar 2021
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I hope the gold cellphone comes with a shatter resistant screen
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03-23-2024, 06:56 PM | #11 |
Emporer of Mongo
Join Date: Apr 2010
Location: Milky Way
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congratulations man
find a purpose. read, write, make music, volunteer, drink of the nectar of life you earned this
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---- 2018 Adopt-A-Chief : Chris Conley 2017 Adopt-A-Chief : FRANK ZOMBO Click here-->***The Holy Chiefsplanet Lexicon **** |
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03-23-2024, 07:04 PM | #12 |
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Honest question. When you began contemplating retirement did it scare you a bit?
I am struggling pulling the cord. Im 62, healthy, have a few hobbies and have grandkids in the area. But still a little worried about keeping busy and having focus. It’s just going to be a whole new phase of life and I’m having a hard time coming to terms. |
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03-23-2024, 07:09 PM | #13 | |
Fish are scared of me
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03-23-2024, 07:26 PM | #14 | |
On Hiatus
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03-23-2024, 08:10 PM | #15 |
Supporter
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Congratulations. Now go do the things you want to do, with the people you want to do them.
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