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Reply to "What is your "magic number" for retirement?"
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[quote=Anonymous][quote=Anonymous]As a ten year retiree I have found that excluding education costs we are spending a lot more now then when we were working even though we don’t have a mortgage. We travel a lot more both domestically and internationally and we’ve joined two clubs. The things we use to do ourselves like yard work now others do. We could be spending 50% more. [/quote] Thanks for sharing. This is my concern. We'll want to travel and eat out much more than we do now. Work and kids take up a lot of time that will need to be filled. Plus we're already approaching the point where we pay people to do things that we used to do. We recently hired landscapers for the first time ever. We used to paint rooms ourselves and back in our 30's we renovated a bathroom ourselves. Not sure if we'll be up for that next time round.[/quote]
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