This is a very interesting topic to me too. I'm 3 years from my earliest retirement, at which time my after tax take-home would be $2375/mo. I think I can get by on that, but might work an extra two years to get $2750/mo take-home. I've done a pretty detailed budget, and I think that will be reasonably comfortable. I hope I'm not totally out to lunch? The closer I get, the more nervous and scared I become.
It's only $35,000/yr before tax, but I think a lot of people live on less than that...
Of course this is Canada, where we seem to make less money than Americans, and pay almost twice as much for everything. Hearing the prices you guys pay for buildings really makes me green with envy...
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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