First, I don’t have a wife. I have a husband. Second, I have nothing close to a six-figure income. We pay about 95% of our health insurance premiums out of pocket.
My husband and I together make about $70k per year, plus what we make from a small, seasonal part-time business we run. We make about enough from the business to pay for a couple of modest fishing vacations each year and nice gifts for our grandkids. We have a comfortable, nice home, nothing grand, small mortgage and no car payments. My husband has a 17’ fishing boat that’s 25 years old, no other major ‘toys’, nor do I have anything particularly extravagant. We have a nice gun collection and I have a few pieces of nice jewelry and a nice wardrobe. We have extremely nice furniture and artwork. We live within our means, and I certainly didn’t get wealthy working in LE.
Is there anything else you’d like to know?
Just so you know I am opposed to all government pensions. I seem to remember this notion that future legislatures could not be bound by present ones. People need to save from their salaries for themselves. I used to think Social Security would be the ultimate undoing of the country, but the State/Local pensions are going to get there first.
That said, I'm a bit mystified why you guys are getting "only" 70K when I read about so many six figure (not even with a one as the leading digit!) government pensions out there.
ML/NJ