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re: Retirement

Posted on 6/28/17 at 10:11 pm to
Posted by Popths
Baton Rouge
Member since Aug 2016
4003 posts
Posted on 6/28/17 at 10:11 pm to
How old are you? How long will you live?

Retirement calculators are easily available online.
If you are debt free, you really shouldn't need much in retirement per month. I'm looking at retiring in 3 years. I'm planning on taking 4,500 per month. Should be plenty enough for me. I'm debt free as well and will be almost 60 at retirement. Been making around 100K for quite some time but saving an arse load.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120065 posts
Posted on 6/29/17 at 9:51 am to
quote:

If you are debt free, you really shouldn't need much in retirement per month. I'm looking at retiring in 3 years. I'm planning on taking 4,500 per month. Should be plenty enough for me. I'm debt free as well and will be almost 60 at retirement. Been making around 100K for quite some time but saving an arse load.


I'm hoping to retire in 3 years myself. I will only be 55 though, so I have to bridge myself to 59.5 (to start collecting) and the biggest issue is healthcare costs. I think your number is the same number I was looking at. This is considering no real monthly debt.

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