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re: Retirement Income Goals for planning purposes.

Posted on 1/13/24 at 8:49 pm to
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48670 posts
Posted on 1/13/24 at 8:49 pm to
I anticipate having the house paid off, very low property tax. Homeowners insurance will be a necessary expense but I do not live on the Gulf Coast.

There are no recurring debt obligations.
This post was edited on 1/13/24 at 8:50 pm
Posted by Chicken
Jackassistan
Member since Aug 2003
22056 posts
Posted on 1/13/24 at 9:50 pm to
Do you track what you currently spend a month?

Posted by Double Oh
Louisiana
Member since Sep 2008
18210 posts
Posted on 1/14/24 at 5:40 pm to
quote:

I anticipate having the house paid off, very low property tax. Homeowners insurance will be a necessary expense but I do not live on the Gulf Coast.

There are no recurring debt obligations.




If your house is paid off i would think you could get by with living on 5K a month? Yes? No?
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