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Subject:  Re: How low can you go? Date:  1/18/2000  10:25 AM
Author:  hocus Number:  2292 of 795156

"Easily Forgotten Budget Items for the Early Retiree" seems like a good topic for the FAQ.

In developing my own Retire Early budget, it's the expenses that don't come up on a regular basis that have caused the most problems. For example, there is the issue of purchasing a car. I own my car and thus do not have a category for mortgage payments. Nor have I had to purchase a car in the time that I have kept budgets.

But at some point I am going to have to break down and pay out a lump sum for a used car to replace the one I am now using. I need to have this amount covered for life before I execute a decision to Retire Early. I don't remember off the top of my head how much we allocate to this each month--my recollection is that it is about $200. This would produce a fund of $2400 a year, and every four years (or so) there