2017 is at an end. Let’s see how I did with my goal to decrease my spending $4,491.86 from $22,491.86 last year to $18,000. Reaching this goal would prove to me that I can live on $18,000 in retirement though I’m budgeting to withdraw $20,000. The $2,000 buffer would be used for additional healthcare expenses and unexpected costs. 10% of my retirement budget would be a buffer. This safety nets make me feel like I have a warm security blanket wrapped around me. So let’s see how I did!
Continue reading “2017 Spending”
We’re 75% done with 2017. Madness. Let’s check in on my goal to decrease my spending from $22,491.86 last year by $4,491.86 to $18,000 this year.
We’re halfway done with 2017 and this year is flying by. Let’s check in on my goal to decrease my spending from $22,491.86 last year by $4,491.86 to $18,000 this year. These are my averages for the first half of 2017:
Based on my end goal of financial freedom I’ve accumulated information from various books, blogs and traditional retirement calculators to determine how much I need to save to be able to live off of indefinitely. Overall I’m basing my calculations on the updated