Talk of The Villages Florida - View Single Post - Can I really AFFORD TV?
View Single Post
 
Old 01-19-2014, 08:07 AM
Ginmato Ginmato is offline
Junior Member
Join Date: Jul 2012
Posts: 23
Thanks: 13
Thanked 10 Times in 4 Posts
Default

My husband and I take home about $8000 a month. Obviously, we gross a lot more than that as a good part of our income goes to state and federal income tax, social security and Medicare tax and our 401Ks. We aren't poor but we aren't rich either. Retirement means a lot less spent on gasoline and driving expenses but it means paying for health care and income taxes. I don't see us getting along on less than $8000 a month when we retire. Am I wrong?