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re: How much money do people need to retire?
Posted on 2/27/24 at 5:58 pm to Jake88
Posted on 2/27/24 at 5:58 pm to Jake88
I watched my Dad retire at 60 with 125k in the bank, and by the time he and my Mom passed 20 years later my sister and I got 100 of it. House paid for, one car paid for, he chewed tobacco , drank his Miller, and fished every day until he died at 69. A simple life doesn't take much money. He had his SS and a small pension 250/mo., paid all the bills and had money left over. So it CAN be done, you just wont be traveling the world or living in 30A. 
This post was edited on 2/27/24 at 6:00 pm
1
Posted on 2/27/24 at 6:24 pm to stogie5150
quote:
I watched my Dad retire at 60 with 125k in the bank, and by the time he and my Mom passed 20 years later my sister and I got 100 of it. House paid for, one car paid for, he chewed tobacco , drank his Miller, and fished every day until he died at 69. A simple life doesn't take much money. He had his SS and a small pension 250/mo., paid all the bills and had money left over. So it CAN be done, you just wont be traveling the world or living in 30A.
You inherited money because he died 9 years into retirement. Your whole premise is off. What would’ve happened if he lived to 80?
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