Reply to What's the best place to move for semi retirement in Virginia? Couple in 50's wants to slow down

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Eek...late 50s and 500k in retirement accounts. You will be semi retired for a loooong time to choose wisely.[/quote]

Meh, 500k is enough for a retirement (without the "semi") by itself if you're frugal; moreso with social security. [/quote]

Agree. My inlaws live pretty nicely on 48k/year (4k month with a paid off house - most of that is SS and the rest is their retirement savings.) They go out to dinner regularly, see movies and plays, FIL golfs but not all the time. They take a Viking river cruise type vacation every year or two.[/quote]

4,000 a month huh? My DH and I spend $100 a pop each time we go out to dinner and our property taxes + utilities are over $1,000 a month.[/quote]

What is your point? My inlaws probably spend $600/month eating out - maybe 3 nice places a month and the rest casual places. Their taxes are probably lower but say they aren't, 4000-1600 equals 2400 leftover for groceries and other activities/incidentals. It goes farther than you think when you don't have kids at home and you don't have commuting and other work related costs.[/quote]

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