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I could be happy < $35k

It's a difficult question, because cost of living can vary significantly across the country.

For myself, I've gotten most of my withholding back almost every year for the past 13 years (when I quit working), usually with just the standard deduction. My taxes are easy. Just five 1099's every year (RMD, SS, INT, DIV). 90% of my savings is in IRAs, so taxable INT and DIV are minimal.

But even when I was last working, my living expenses were about $700 to $800 per month. My major expense was $300 for my association dues. My nephew now lives in my old condo and tells me that is just over $350 now.

It helped that my major recreations were reading, TV, movies, music...all of those are far cheaper today, between streaming services and Kindle books.
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