[Moneyguy1]

Not me, Milt...and as a retired financial consultant, I can say that you may find life a bit tough should something go wrong where you are unable to work. My wife and I live modestly but not frugally, moving to Tucson from the cold Northeast. We saved as much as we could, but did not skimp on important things like dinners out and vacations. There were financial setbacks over the years due to illness and other factors, but we never lost sight of our goal which was to live somewhere without fifteen feet of annual snowfall. At least you don't have to face that!!

Ask yourself what will happen if you outlive your "usefulness"...Who will take care of you? Have you ever visited a state operated "old folks home"? Very dismal. Do you have a pension available? Social Security will pay less than 2k per month at best which, if residing at a care facility will be turned over to the facility with only a small stipend to you for necessities such as shaving cream, etc.....

The amount needed to live comfortably will very from one individual to another based upon what they are used to and expect. But, about 3k to 4k per month would not be unreasonable for a middle class individual to maintain their lifestyle. I have consulted with folks who did not plan well, and suffered for it.

Your situation is not unique. There are many in your age group (read boomers) that have no idea what the future holds. True, life is usually short but what if it is longer than you expect? You may hit the age lottery and if not prepared, you are definitely not a winner.

I would start now on a two pronged approach. (1) Start investing or saving and by doing this (2) spend less on non essentials, learning how to do mire with less but not to the point of totally going without.

Good Luck. I sincerely mean that....