Talk of The Villages Florida - View Single Post - Is a million enough anymore to retire
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Old 04-17-2025, 04:33 AM
RICH1 RICH1 is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
If we had a million in savings, we would have been able to afford a site-built home between Spanish Springs and Sumter Landing, which was our preference. We could've bought the house for under $400k, furnished it, got all new appliances, replaced the roof -

and then use the leftover $600k combined with our social security to not only pay our monthly expenses, but afford a trip every year to some place or another.

We have a MODEST pension, and two modest social security checks between the two of us. We had no savings to speak of because we had to blow through our investments trying to sell our house up north and had very little left. We live in the Historic Section and other than the yearly trips (which I really really miss doing) we do just fine.

You can live in the Historic Section, in an updated good-condition double-wide, for under $60k/year, paying your expected bills and having enough left over for dining out and buying drinks at the square every week.
Just received a letter from a company I had worked for years ago. They had a profit sharing program, which I had evidently accrued a large balance.. My financial adviser contacted me yesterday and said that I can remove my " Trailer Life" sticker off my pickup truck. I be Moving on up.