The 'budgets' for post-retirement spending are completely bogus. People estimate they can retire comfortable at, let's say, $50k a year. Yet you never hear they comment eventually they'll need $100K a year, then $200k a year as they go from age 60 to 70 to 80 to 90. It pisses me off to hear 'experts' give out advice without mentioning rising prices.
On a personal level, I am building multiple income streams that inherently grow over time: property rents, dividend income, and later annuities, oil royalties, and small business income..... and salary likely along with social security.
Submitted April 07, 2021 at 10:46PM by caem123 https://ift.tt/3dE5nRm
