[angiefox10]

Originally Posted by Bogie Shooter

Its all been said before 100 plus posts!

Yes. This is true Bogie Shooter, but not everyone had posted yet.

Now... I have posted, so you can close the thread now.

[jackz]

I find it telling that the OP has not returned to this thread in 10 months and his/her last post was asking about costume parties in the Villages this past October....

So bottom line, why waste time on this subject.

[784caroline]

Jack how does the cost of living in TV compare to the Lira ...or is it the Euro...or is it the Lira......the issue in Europe is confusing.

But I think you are right on with your comment!!

[buckscounty]

You have to be kidding, we moved from PA and our taxes here are cheaper so is our electric, phone and internet, car insurance. Your guy has to give up his golfing, I would not work 3 jobs for him to play golf....

[BobKat1]

If nothing else, a thread like this is a good reminder to folks to throughly research a move BEFORE you take the plunge. Don't make a strictly emotional decision that you might regret.

[jackz]

Originally Posted by 784caroline

Jack how does the cost of living in TV compare to the Lira ...or is it the Euro...or is it the Lira......the issue in Europe is confusing.

But I think you are right on with your comment!!

It is the Euro.

Cost of living in Italy and most of Europe FAR exceeds that of living in TV.

Looking forward to Sanibel in late 2012.

[Vinny]

Wow. I think we are going to move to where you came from. . My monthly expenses here are less than half of what they were in NJ. That is why we moved here. It allows us to save more for retirement.

I guess it all depends on what you are used to. I think part of your problem is that you are far from collecting social security. I could not live here if I did not have my NJ salary. When I retire in a few years we will be fine living on my SS and that of my wife. My savings will be our cushion. I took a little gamble that I will have my current job for at least 3 1/2 more years as I could not live on what they pay around here and would have to move near a big city in another State to afford to live comfortably. Lost half of my retirement money in last two recessions.

[TF Hutch]

I need help in planing whether or not I could afford to live in TV.

Where do I start.
No debt, Self employed, current income pays for current Lifestyle = $100K+

Retirement income = Soc Sec plus 3% Safe Withdrawl Rate on savings
Expected retirement income ~ $50K/yr

Is TV affordable on $50-60K/yr?
Using TV cost of 1100/mo expense to own, without a mortgage?

Does anyone know of an appropriate retirement calculator?
Has anyone designed an Excel spreadsheet they are willing to share?

Thank you

[The Villager II]

After Northern Virginia, moveing here was like getting a big pay raise to our retirements.

[2 Oldcrabs]

[QUOTE=TF Hutch;414190]I need help in planing whether or not I could afford to live in TV.

Where do I start.
No debt, Self employed, current income pays for current Lifestyle = $100K+

Retirement income = Soc Sec plus 3% Safe Withdrawl Rate on savings
Expected retirement income ~ $50K/yr

Is TV affordable on $50-60K/yr?
Using TV cost of 1100/mo expense to own, without a mortgage?

Does anyone know of an appropriate retirement calculator?
Has anyone designed an Excel spreadsheet they are willing to share?

My income is about that and I am moving to a new home in Sanibel in Jan.
IMHO: BUY PRE-OWNED if you can. New homes look cheaper, but by the time you get extras from TV, the higher bonds and higher maintenance fees pre-owned can be less. We tried to buy pre-owned buy could not find one that fit our needs. I will post my expenses once I have them.

[bandsdavis]

2Oldcrabs, my wife refers to me as "Mr. Spreadsheet", so yes, I have a spreadsheet to share with you. If you are familiar with Excel, and it sounds like you are, you should be able to follow it easily. I have left in some of the values that we expect for Expenses, and of course you can change them, eliminate, add others, etc. The Income side is also something you can play around with (I zeroed everything out on the version so you can add your specifics). If you PM me with your e-mail address, I'll send it to you because I don't know how to attach a spreadsheet to this post.

Bill Davis

[Northstar]

Originally Posted by bandsdavis

2Oldcrabs, my wife refers to me as "Mr. Spreadsheet", so yes, I have a spreadsheet to share with you. If you are familiar with Excel, and it sounds like you are, you should be able to follow it easily. I have left in some of the values that we expect for Expenses, and of course you can change them, eliminate, add others, etc. The Income side is also something you can play around with (I zeroed everything out on the version so you can add your specifics). If you PM me with your e-mail address, I'll send it to you because I don't know how to attach a spreadsheet to this post.

Bill Davis

-----------------
bandsdavis,

TF Hutch inquired about the spread sheet

[billethkid]

living here in TV is no different than living any where else when it comes to expenses VS income.
You knew what you had before and were able to live on it. You will most certainly know your source(s) of income after you retire. Determine how much of a house is needed. Build your budget around that.

I know folks who live in one million dollar homes as well as manufactured homes in the historic side of TV. Two little old ladies live in a $129,000 manufactured home....the ONLY income they have is SS.

It doesn't matter what income level....there is a venue here that CAN work for you....unless you run your household like the federal government....but then you could just print some more money.

C'mon down.

btk

[TF Hutch]

Originally Posted by bandsdavis

2Oldcrabs, my wife refers to me as "Mr. Spreadsheet", so yes, I have a spreadsheet to share with you. If you are familiar with Excel, and it sounds like you are, you should be able to follow it easily. I have left in some of the values that we expect for Expenses, and of course you can change them, eliminate, add others, etc. The Income side is also something you can play around with (I zeroed everything out on the version so you can add your specifics). If you PM me with your e-mail address, I'll send it to you because I don't know how to attach a spreadsheet to this post.

Bill Davis

Thank you bill Davis. I have sent you a PM with my email address.

[TF Hutch]

Originally Posted by billethkid

living here in TV is no different than living any where else when it comes to expenses VS income.
You knew what you had before and were able to live on it. You will most certainly know your source(s) of income after you retire. Determine how much of a house is needed. Build your budget around that.

I know folks who live in one million dollar homes as well as manufactured homes in the historic side of TV. Two little old ladies live in a $129,000 manufactured home....the ONLY income they have is SS.

It doesn't matter what income level....there is a venue here that CAN work for you....unless you run your household like the federal government....but then you could just print some more money.

C'mon down.

btk

"living here in TV is no different than living any where else when it comes to expenses VS income."
Not very helpful.

"You will most certainly know your source(s) of income after you retire."
50-60K after retirement.

I am simply attempting to see if I CAN afford to live in The Villages. I have not yet retired. I expect to sell my current home for enough to pay for a TV property, no mortgage.