I’ve taken real numbers to develop our planned Monthly Nut, with all the regular monthly and annual expenses. Our social security covers everything except food and travel, with a $5,000 delta. That is with us paying cash for our home in The Villages. I’d say that $5,000 per month for incidentals, meals and travel is sufficient for our Dave Ramsey lifestyle. While we have a significant investment portfolio, we want to leave it to grow while providing security for our declining years.
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