This is an excellent question. Everyone will be a little different, but everyone needs to estimate this to know what is affordable. For two of us I decided to budget $2500 a month. I honestly believe it will be less then that, probably closer to $2000, maybe even slightly less. I included premium golf payment, 2 times weekly championship golf on average. 2 dinners and 3 lunches out each week. And a few other things like nights at the square, clubs, wine, clothing, and the unknown. This is all a guess. I add to that $1200 a month for everything to live there except mortgage and bond to maintain our home, add medical cost and came up with my total needed to live there. A guess, but I believe a safe guess.
__________________
Life is to short to drink cheap wine.
|