Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Forward the spam you receive to questions@spamdex.co.uk

Also in google.com

Free Money Finance

Free Money Finance


Living Expenses Drop Dramatically During Retirement

Posted: 29 Aug 2016 02:05 AM PDT

I think we all know that costs generally go down during retirement, but a couple sources recently challenged me that they go down a lot more than expected.

The first was Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century where it mentions several costs that should drop dramatically once you stop working.

These include:

  • Commuting
  • Costuming
  • Meals
  • Decompression (stuff you have to buy to recover from the stress at work)
  • Escape Entertainment (so you can enter a good reality versus a work reality; ha!)
  • Vacations and expensive playthings
  • Job-related Illness
  • Any help you need because you work (housekeeper, gardener, handyman, nanny)
  • Job enhancement costs (educational programs, books, tools, and conferences)

I found the second source at Financial Samurai. In his post titled The Fear Of Running Out Of Money In Retirement Is Overblown he lists 10 reasons why costs will go waaaaaaaay down in retirement. These include the facts that you will need less than you think, you don’t need to save for retirement once you are retired, and you will be in a lower income tax bracket.

That's good news for me as saving and taxes are two of my largest "expenses".

So how much are you supposed to be saving in order to finance 20 to 30 years post-work? The commonly accepted rule of thumb is that you’ll want about 70% of your former annual income — at least — to continue living at or near the style to which you’ve been accustomed. Money Boss says this is crazy (and I agree). Why would anyone use INCOME as a guideline for SPENDING? Just another example of mainstream "experts" who make their money writing about money, not actually growing their own net worths.

Instead, you need to create your personalized spending plan ("budget" if you prefer). That's what I've done -- so I know exactly how much I need when I retire.

How about you? Have you done your retirement budget?


---------------------------

All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Lets beat spam together
Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address!
Please use spamdex responsibly.


Yes You! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to questions@spamdex.co.uk | See contributors

Google + Spam | 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at questions@spamdex.co.uk. Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Special thanks: We would like to thank Benedict who is a SEO Consultant who has freely given up his time to advise us on how best to maximise on our organic search traffic strategy and also for his wonderful creative vision on how to spread the word about Spamdex and how we try to combat spam across the globe. Click here for more information.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See https://archive.org. Spamdex is in no way associated though. Supporters and members of http://spam.abuse.net Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.8 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 080000 0514541.