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To: CodeToad; freedumb2003
Reliable retirement investment is 5%, so $500k nets $25k/year.

Plus his stated pension/SS income of $3,600/mo adds another $43k for a total income of $68k.

So with no house, no debt, I would say freedumb2003 is in good position for a Jimmy Buffet lifestyle at some gloriously low-rent beach community (they exist outside the upscale metro areas).

Just don't get yourself married again!

If you are capable of making $80K as a computer consultant "out of your suitcase" however, I would continue that as long as possible before signing up for SS or dipping into the principal of the $500K.

134 posted on 08/19/2019 11:42:53 AM PDT by SamAdams76
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To: SamAdams76

All good advice. $85k lives well in any country.


142 posted on 08/19/2019 12:05:29 PM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
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To: SamAdams76

>>Just don’t get yourself married again!<<

Best advice on the thread (and echoed more than a few times).


188 posted on 08/19/2019 2:49:00 PM PDT by freedumb2003 (As always IMHO)
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