Do you live a Frugal Retirement on little money? Read more:

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Do you live a Frugal Retirement on little money? Read more:

Сообщение pokop 05 ноя 2023, 14:30

I am curious to hear stories of people 60+ living on little money but are overall happy. Share if you are almost ready to retire too. Sorry I just noticed the re-vived sorta similar thread in finances Married? Both on Social Security, if ok, how much? Pension? 401k/savings? State? Rural or City? Own/rent? Still working? How many hrs per week? Retirement account/savings? How do you cover Medical? Do you like your location? Friends/Family nearby? Attend Church/Clubs/Groups? Any friends/family? Comfortably meeting basic needs? Us: Northern California Ages:55/62. In 2 years, he'll take Social Security for $1425 per mo info, thank God Income- $2500 a month- I work p/t 24 hrs a week, he works much less Living out in the boondocks in a tiny Tourist town Our one son is mentally disabled (schizophrenia) + 3 best friends Retirement Accounts/Real Estate-$150k I'll quit working p/t at 70. At 70, Take a yearly 401k withdraw equating to $500-$600 a month+my Social Security of 1K & his SS = almost 3k a mo. Pay his Part B+ my retiree health insurance which only covers 80% of pretty much anything. Dental = 90% coverage. Poised to qualify for Medicaid to cover any left, if needed
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