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retirement

danielgage
retirees or those in the know:
not trying to be nosy but what % of money does a person need in retirement to sustain the same lifestyle as when working in your experience, advice or expertise?
for example if a couple is grossing $100,000 a year and their retirement pension and social security gross adds up to $5000 a month will that be enough to pay health benefits and sustain same lifestyle as when working?


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Comments

33 comments

Date Votes
  • mogley98
    You only need as much as you spend :)

    3
  • armilite
    When I retired between my social security and pension I was making about $200 a month more then when I was working. I did retire at 63-1/2 years old. Before the corona virus hit with my part time job I was making$1000 a month more then I was working full time. I did have a lot of debt and since the corona virus hit I was able to knock off over 70% of it. I should be debt free by December. But since retirement almost 6 years ago was I at no point in any financial trouble.
    3
  • danielgage
    I'm thinking I will be fine but just don't want to retire from a decent job and then have to find another afterwards
    0

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