Quote:
Originally Posted by ckelly78z
You will want more money for active years (60-70), than any other time in your life if you choose to travel/relocate/take up expensive hobbies. The older you get, the more you will stay, and eat at home, and not have to pay dearly for medical insurance.
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We have found this to be very true for my wife and I. We have been retired now for 14 years and did a lot of house stuff, weddings, traveling and visiting family in the first years, but now only take 2 major trips each year, 1 abroad and one in the US, not by design but just how it works out. We don't go out much anymore, no longer go to the local theatre, generally eat in (I cook, wife bakes) and Medicare takes care of most health bills and UHC gets the rest. 3 older vehicles and don't care if we ever buy a new one (lost the urge I guess). The money just piles up, while in earlier years it all seemed to go out the door. For us I would say the cash out kept rising until about 70 and then started going the other way. Life.