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Money and Finances
Reply to "Spending in Retirement"
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[quote=Anonymous][quote=Anonymous]This is the funniest post I have ever seen. Yeah no s--t if you live more extravagantly during retirement it's gonna cost more. The basic assumption is that most people will downscale their home, or finish paying their mortgage. Not that they will buy a second home or join a second club. That plus less commuting, less eating out (more time to cook well) means generally lower expenses.[/quote] +1 This is also why people generally retire after the kids are launched. You can downsize your home to a lower cost of living area and pay cash for it, no more saving for college or paying for kids activities, etc. OP, it sounds like you're trying to keep two homes, hence the two clubs. Can you afford this?[/quote]
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