tandemsuit
Home is where we park it!
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Joined: 08/27/2005
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Twice as much as what we have!
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Suzy Q Antiques
DEVORE CA
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Joined: 05/15/2003
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chump change to some,plenty for others.as said,it depends on your spending.10 yrs. ago when we retired,that was about what we drew,now we need less,SS.medical is scary,$146 when i retired,$807 a month now,and we go twice a year.thought about for the first time using my VA benifits and they laughed at me.
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Kbix
Harrisonville, MO
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Joined: 03/28/2007
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TonkaToys: Here in the midwest that retirement income would be sufficient if you do not have a lot of debt. Don't know what your cost of living is in the east. The real concern after retirement can be medical costs. Even with health insurance out of pocket expenses can put a dent in that monthly income.
Suzy Q Antiques If you are entitled to VA benefits by all means use them. You earned them.
Paul and Karen
New to us 93 Pace Arrow
01 Tracker Toad
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tonkatoys
maine
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Joined: 01/17/2007
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Kbix wrote:TonkaToys: Here in the midwest that retirement income would be sufficient if you do not have a lot of debt. Don't know what your cost of living is in the east. The real concern after retirement can be medical costs. Even with health insurance out of pocket expenses can put a dent in that monthly income.
Suzy Q Antiques If you are entitled to VA benefits by all means use them. You earned them.
no debt at all other than monthly electric and cable, house taxes and cell phone. house and rv paid in full. medical is paid for and we just pay 10.00 a visit no matter where and our perscriptions are free. so i think we should be ok inless inflation really goes crazy.
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bigdog2
Harrison,Arkansas ( San Felipe, Baja Ca. Mex.)
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Joined: 07/26/2002
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Don't forget, when you're retired you have more time to go shopping at Wal Mart ( and spend more money ) 
Sonney,old ,retired Roadway driver.
Donna, too young to retire, she quit.
2006 GBM Pursuit 3500 DS
2004 Tracker toad- toad's toad VW powered buggy
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JIMNLIN
Big Cabin, OK
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Joined: 09/14/2003
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according to AARP the majority of retired Americans have nothing but their SS check comming in. 4300 bring home sure would be nice
'03 2500 Dodge/Cummins HO 3.73 6 speed manual Jacobs
'97 Park Avanue 28' with two slides
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joec
Salem and Lakeview Oregon
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Joined: 09/25/2005
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tonkatoys wrote:a monthly pension of 4,300.00, take home,,,, high,,, low,,, or average
This looks like what we will be getting as a combined retirement income and not take home. We will have to pay taxes a truck payment, and health insurance out of that but the house will be paid for and the truck payment goes away after 10 months. We live in the Northwest but will be moving out of western Oregon to live a more inexpensive lifestyle in the Oregon Outback. So, with all the things that we need to live we should do fine and maybe have a few bucks to put into savings. Even if things get tight I can find part time work to get us by. So I would say yes you can make it if you have tracked your expenses for a while and know what your needs are. Our lifestyle will change but the real value of life will go way up when we are out of the rat race. Go for it!
* This post was
edited 07/09/08 11:18am by joec *
2006 F-350 PSD DRW - 2004 Eagle Cap 950 - Rancho 9000s - Ride Rites and  "Homemade Super Bump Stops"
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Sea Dog
Ontario Can.
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Joined: 04/15/2001
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JIMNLIN wrote:according to AARP the majority of retired Americans have nothing but their SS check comming in. 4300 bring home sure would be nice
And yet, to read these threads one gets the impression that anyone who has not salted away a million bucks was not trying.
Would be interesting to see a financial statement from some of the posters who claim to be worth millions.
I think most people spent their working years trying to provide for and educate a family, the opportunity to accumulate large sums of money was simply not there for most middle class wage earners.
Life is short,Death is long,
Take a vacation.
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Dick A
Spokane Valley
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Joined: 12/15/2002
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Sea Dog wrote:JIMNLIN wrote:according to AARP the majority of retired Americans have nothing but their SS check comming in. 4300 bring home sure would be nice
And yet, to read these threads one gets the impression that anyone who has not salted away a million bucks was not trying.
Would be interesting to see a financial statement from some of the posters who claim to be worth millions.
I think most people spent their working years trying to provide for and educate a family, the opportunity to accumulate large sums of money was simply not there for most middle class wage earners.
According to various government statistical data you are both correct. The majority of current retirees will have not much over $50K in net worth. Those that acquired substantial net work generally had higher paying jobs in management or owned their own businesses and sacrificed vacations, time off, and other perks to acquire the additional assets.
Check out the RV.Net Blogs at: blog.rv.net
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JIMNLIN
Big Cabin, OK
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Joined: 09/14/2003
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ya' gotta' remember this web is a RV web and many Americans don't have the luxury of being able to enjoy/afford the RV life style. I'd say this webs membership certainly don't represent the average lower income retired American. I've always lived in a rural areas where most folks only dream about affording a hardside RV let alone having any retirement income other than SS or a small IRA. BUT as other poster says we learn to live on what we have comming in.
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