Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "do your friends elsewhere live as financially conservative as you find people in DC do?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]They have lower costs of living. They are not likely going to move to a higher cost of living place post retirement. So their expenses are lower. I often think that people here who are so rabidly fiscally conservative are basing that on their COL now and their salaries now here in the DC area and the idea of replacing 75% or more of that salary in their retirement. Unless you intend to stay here forever, your retirement expenses simply won't be the same. When I'm retired, I don't need the current $2400 a month I pay to daycare or the $4000 a month I pay in PITI. Even if we stay here, taxes and insurance are a fraction of our mortgage payment, which will be paid off by the time we retire. My student loans will be long paid off. I simply won't have the expenses I have now.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
