I’ve been retired over 25 years and my net worth has increased. So there!
Curious are you just investing or do you run a hobby business to help with deductions or something?
“I’ve been retired over 25 years and my net worth has increased. So there!”
i’ve been semi-retired now for about 18 years. I say “semi” because wife and I still work a bit, but we work for ourselves in our own businesses.
I’d say our liquid net worth has stayed about constant, what with our business income and social security. Overall net worth has increased because home value has skyrocketed, but fundamentally all that means at my age is that my property taxes cost more.
My expenses are low because I have no debt, with home and cars fully paid off; in fact my last car (low-mileage Honda-certified pre-owned) i paid cash, and i drive my cars until the wheels fall off.
I cook at home, saving a bundle on crappy restaurant food, eating much healthier,much tastier and much higher on the hog than restaurant food.
I do most of my own lawn work and most of my own home repairs, repair my own appliances, and always try to fix something that’s broken before discarding and replacing. As I get older though, I’ll have to start farming out the heavier work.
Also, am a value shopper, always trying to find high quality items for the best price, almost all online because selection in B&M stores is limited.
Way to go!