Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Cost of TV Housing for Budgeting / Retirement Planning Purposes
For those thinking about moving to the villages as well as how to live on a future retirement income, here are the actual expenses of an average @2,000 sq ft designer 3 bedrooms, 2 bath, expenses for a year, built in 2019.
You can use these for monthly budgeting/forecasting, for retirement planning, etc. But these are actual average monthly expenses. By shopping around or doing something yourself, you can reduce the costs so this is just a representative example to use in planning. Note that the forecasts are based upon assumed inflation rates, past performance does not guarantee future results. The biggest controllable fixed expense is in blue, the bond payment finance guy |
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#2
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Sure would be nice if that was larger. Won't even open big enough to fully read in another window.
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#3
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I would set would set aside more for maintenance, replacing the roof, the HVAC and such.
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#4
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I haven't gotten that far, but its more about the known versus the future, depending upon the age of the house, and appliances and types of equipment, gas vs electric, etc. Mostly for new to the villages to get an idea on what a house in TV costs versus their current living scenario. Might help someone get a good idea on what they can afford or not. |
#5
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Missed a Fixed Expense...................Booze.
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Identifying as Mr. Helpful |
#6
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there will be another tab for discretionary starting with Food, Auto, restaurants, liver transplant costs. . . |
#7
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Identifying as Mr. Helpful |
#8
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And golf…….
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#9
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#10
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Not to worry, we're all rich here, just ask the contractors.
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#11
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no booze so saved there
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#12
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#13
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and Tylenol !
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Bill NJ Shore |
#14
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If you share, you might find out that you might be more of an average nobody as the rest of us are. . |
#15
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all your forecast comments come from experience, and a new house has less break fix for sure, and lower insurance potentially. . good point about a pool, any annual cost estimates to add for the estimates? Likewise, after looking at this, paying off the bond seems like a very good idea this year. . . coachk volunteered the option to save further on the retirement costs, while still working and able to replace the savings lost over the next year or two. finance guy |
Closed Thread |
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