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Retirement Discussions / Retire Well on Less

URL:  http://boards.fool.com/congratulations-to-myhre-he-seems-to-be-well-30532884.aspx

Subject:  Re: Simple retirement can be satisfying Date:  2/8/2013  6:17 PM
Author:  pauleckler Number:  1444 of 1491

Congratulations to Myhre. He seems to be well adjusted and enjoying his retirement.

In my area I know several who are retired on $20K per year and live quite well. They own their homes and live well without some of the luxuries some consider essential these days.

Myhre's major concern is probably inflation. As time goes on his costs can increase more than his income.

I'm sure he knows moving to a lower cost area will make his dollars go farther--especially if he has family there who can help with his care some time in the future.
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