#retirement-spending

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#rv-ownership #financial-planning #travel-experiences #liquid-reserves #withdrawal-plan #home-equity
Real estate
from24/7 Wall St.
1 week ago

My wife and I are about to retire with no debt and no kids - can we afford to splurge on a $100k RV to see the country?

A top-of-the-line RV purchase can be financially feasible for a wealthy, debt-free couple but requires careful planning and consideration of long-term costs.
fromwww.housingwire.com
1 month ago

Managing savings, homeownership during first retirement year

Advisers warn that retirees frequently spend too freely in their go-go years, when travel and leisure costs peak. The latest Consumer Expenditure Survey from the Bureau of Labor Statistics (BLS) found that average annual spending for adults ages 65 to 74 was $65,149, dropping nearly 20% by age 75. As a result, overspending early can strain savings meant to last decades, while excessive caution can lead to missing out on achievable goals.
US news
Retirement
from24/7 Wall St.
2 months ago

The 10 Most Common Spending Categories in Retirement

Retirement spending expectations concentrate on familiar categories like housing, healthcare, and lifestyle, and planning should be based on expected post-retirement expenses rather than a single target balance.
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