Yes. There’s a very reasonable floor there.I think most (not all) retirees wind up spending less money than they did when they were working. Of course there could be unexpected factors that could change that.
Pension (expected) will be cola-adjusted.
Good point, all expenses will only go up…
Assuming your pension and SS benefits continue as expected going forward, and both are cola-adjusted and add to $75K/yr, that is a fine security blanket, even if other things really hit the fan.
Statistics: Posted by AnnetteLouisan — Sat Sep 07, 2024 9:48 pm — Replies 183 — Views 26356