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Retirement Discussions / Retirement-Soon or Done


Subject:  Re: Is it true? Date:  8/5/1999  4:02 PM
Author:  hr1975 Number:  28 of 178

I agree with intercst. I retired about 6 months ago and it seems to me that the amount of money you will need is highly dependent on your desires and situation.
If you plan to spend your money like Hal McCabe (as has been discussed on the Retirement Investing board) then you may find yourself spending much more in retirement than your current salary. :-)

Although I have a new expense, private health insurance for my wife and I, it is costing less per year than I was paying in Social Security and Medicare taxes when I was working.
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