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The average retiree spends $4,345 on monthly expenses — and burns 75% of that on these 4 things. How does your own spending compare?
moneywise ^ | March 18, 2024

Posted on 03/19/2024 5:00:06 AM PDT by where's_the_Outrage?

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To: KC Burke

The smartest thing I did for retirement was to stay in the Army Reserve, the pay is OK but the Tricare is super taking care of my wife and daughter.


81 posted on 03/19/2024 12:47:45 PM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: Georgia Girl 2

You’re better off than me. I live 15 minutes away from a 900 resident town. It does has a tiny grocery store, but really we drive 45 minutes to the nearest Wal Mart or HEB. We do have a doctor in town that we go to, but real medical services are 45 minutes away.

I’m putting thousands of miles on my car. About 25,000 a year.

Anywho... Good luck with your retirement. Enjoy.


82 posted on 03/19/2024 12:48:34 PM PDT by Responsibility2nd (A truth that’s told with bad intent, Beats all the lies you can invent ~ Wm. Blake)
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To: Harmless Teddy Bear

I think I’d rather just stay healthy until I’m called home.


83 posted on 03/19/2024 12:52:50 PM PDT by 9YearLurker
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To: Responsibility2nd

Yeh, that’s tough. We are 10 minutes from Lowes, Wallyworld, Ingles, Dominoes etc.


84 posted on 03/19/2024 12:58:09 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Trump Girl Kit Cat

I am on Medicare also, no private insurance but do have Part F supplement plan and typically owe only $38 for a standard office visit. Why the huge disparity? I could not afford the expenses you’re talking about.


85 posted on 03/19/2024 1:01:02 PM PDT by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carcerem™)
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To: 9YearLurker
Wouldn't we all.

But Part B is not optional. It will be taken out of your SS check. Use it or not.

86 posted on 03/19/2024 1:19:18 PM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: Harmless Teddy Bear

Ooh. That’s nasty.


87 posted on 03/19/2024 1:21:42 PM PDT by 9YearLurker
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To: 9YearLurker
Yeah.

Lots of people do not realize they are paying it because it never shows up unless you scan your SSA-1099.

And many seniors do not because they make under the amount needed to file federal income taxes.

88 posted on 03/19/2024 1:34:25 PM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: Harmless Teddy Bear

Interesting, thanks.

Of course, I’m expecting that when I’m about to become eligible they’ll jack the minimum age up a decade anyway.


89 posted on 03/19/2024 1:36:38 PM PDT by 9YearLurker
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To: Maine Mariner

No ideas. My point was the are partners in gains, not partners in losses.


90 posted on 03/19/2024 1:42:26 PM PDT by Mouton (A 150MT hit will not solve our problems now.)
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To: 9YearLurker
I am able to get tax credits from the state (check your local laws they will vary!) that cover about a quarter of most retiree's property taxes. They consider the $50 I charge them to do their taxes money well spent.

Yes, they could do it themselves for free and I have even offered to show them how but they prefer to come over to my place once a year and hand over their little file and say, "you do it dear."

Maybe it is the free cookies. :)

91 posted on 03/19/2024 2:00:50 PM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: Trump Girl Kit Cat

I pay $0 for a primary dr visit and $20 copay for specialist. Nothing for my BP, thyroid and cholesterol meds. I shop at several different grocery stores each week to get their sales and bogos. I also own several pets and spend more for their food than for ours. I live in Florida and have nothing but wonderful things to say about my Humana insurance. Have you considered moving?


92 posted on 03/19/2024 3:17:42 PM PDT by EnquiringMind
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To: Mouton

Your point is well taken especially when it comes to the sale of property.


93 posted on 03/19/2024 4:00:09 PM PDT by Maine Mariner
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To: steve86

I have NEVER owed a nickel to my doc until this year, my blood panel has also been covered completely YET this year they also are charging $135.00 JEEZE!!! all I can say is i am glad I only have these costs every 3 months HOWEVER my insurance and Medicare used to cover ALL costs!!I


94 posted on 03/19/2024 4:25:44 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Trump Girl Kit Cat

Are you sure it isn’t a deductible you’re paying (at beginning of year)?


95 posted on 03/19/2024 4:28:32 PM PDT by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carcerem™)
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To: EnquiringMind

” I live in Florida and have nothing but wonderful things to say about my Humana insurance “

It’s easy to find the opposite opinion about Humana HMOs, if that’s what you have; in fact, some hospital systems have thrown them out.


96 posted on 03/19/2024 4:31:37 PM PDT by steve86 (Numquam accusatus, numquam ad curiam ibit, numquam ad carcerem™)
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To: steve86

I have PPO for my insurance I pay extra for the PPO I was just surprised at the increases, I shouldn’t have been surprised but I was, Bidenomics!!!


97 posted on 03/19/2024 4:38:14 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: steve86

OH I did not think about that you are probably right THANK YOU!!! Silly me a deductible foot out of mouth!!! LOL, LOL


98 posted on 03/19/2024 4:43:52 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: KevinB

Bkmk


99 posted on 03/20/2024 3:35:39 AM PDT by sauropod (Ne supra crepidam.)
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To: Tell It Right

Thank you for your response. Like you we have come to trust in the Lord Jesus and let him handle things. As far as debt is concerned we paid off our last in Dec 2022. It was a long hard slog and quite exhausting as it took 5 years of making that our priority. We thought about that day when we would finally be debt free, paid off mortgage and no other debt and were trying to devise a way to celebrate. Nothing came to mind, but I will say that when our last loan was paid off (my truck) and the balance revised itself to zero, unexpectantly these invisible chains that I wasn’t aware of fell off my shoulders. Debt free at last I had some kind of debt for 46 years now we have almost a years’ worth of income in savings and are putting almost 50% or our income into investments or savings. Life is good Proverbs 22:7


100 posted on 03/20/2024 4:22:42 AM PDT by fatboy (')
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