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re: Yes, another retirement thread - RE: How much you need to retire

Posted on 9/14/12 at 2:45 pm to
Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7883 posts
Posted on 9/14/12 at 2:45 pm to
Don't your income needs go down dramatically in retirement? No Mortgage, No Kids, No College, No more putting money aside for savings? Basically all of your income goes toward lifestyle. (Barring significant illness.)


You can live a pretty good life on $100K in retirement.
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 9/14/12 at 3:12 pm to
quote:

Don't your income needs go down dramatically in retirement? No Mortgage, No Kids, No College, No more putting money aside for savings? Basically all of your income goes toward lifestyle. (Barring significant illness.)


Health insurance could be a huge cost particularly for a couple

A lot of people take for granted having employer subsidized health insurance

I'm not sure how the new healthcare law will affect this or what could be in store for me by the time I retire
Posted by yellowfin
Coastal Bar
Member since May 2006
97814 posts
Posted on 10/5/12 at 10:45 am to
quote:

Don't your income needs go down dramatically in retirement? No Mortgage, No Kids, No College, No more putting money aside for savings? Basically all of your income goes toward lifestyle. (Barring significant illness.)


If I'm not working I'll be spending way more money
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