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Reply to "Retiring on $60k/year"
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[quote=Anonymous]It’s definitely possible. My parents live on their SS checks and a small pension. They’ve been retired 20 years and haven’t touched investments. They even don’t spend the full fixed income most years which is maybe 45kish. But they do own their home in a Low cost area. They don’t do much money wise, mostly hang with family, gym, and prefer to eat at home. They even give my kids money because of mandatory withdrawals now (I tell them to stop and spend on themselves but they say they really don’t want/need it). Simple life, especially once they passed their early 70s.[/quote]
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