Cobalt,
I agree that it was a good question. We're not frogs yet, so we're till working the math too.
In addition to the expenses you mentioned, our spreadsheet includes allowances for personal expenses (e.g., clothing, haircare, cosmetics, etc.), maintenance of home and grounds, maintenance/repairs/replacement of assets (appliances, equipment, auto, carts), medical (not covered by insurance), travel and pet care.
We would like to budget at least 5 percent contingency.
Anything else we should include, fellow TOTVers?
Quote:
Originally Posted by Cobalt
OK. Here is the assumption for this question. You can live in the Villages with all costs covered. Your house, car payment, amenities fee, insurance(s), utilities, taxes, bond, phone, cable, internet, lawn care, etc.....everything is covered. You don't have to pay anything.
But, you do need money for...
1) Food...because you decide how much you eat
2) Gas...because you decide how much you drive
3) Fun...because you decide how much you play 'over and above' what the villages provides as part of the amenities fee
4) Rainy Day Cash...because we all know odd expenses come up
Considering 1-4 only, how much money would YOU consider to be enough on a DAILY basis that if that is all the money you had, you would still move to the villages knowing your retirement would be fabulous.
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