Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

California

quaint

(3,967 posts)

4. That was my retirement plan.

Reply to jimfields33 (Reply #2)

Fri Jul 5, 2024, 01:31 PM

Jul 2024

A few glitches, primarily due to really bad eyesight necessitating having everything delivered, plus, as noted, higher and higher homeowners and earthquake insurance.

However, not everyone has the opportunity to purchase a home, and I would have great difficulty surviving if I was 75 and had to pay rent. Rent would have no doubt eaten my IRA by this point.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

The new "magic number" for retirement in California: $1.47 million? [View all] Auggie Jul 2024 OP

No debt is crucial Abnredleg Jul 2024 #1

Definitely right about the mortgage. jimfields33 Jul 2024 #2

Recommended Auggie Jul 2024 #3

That was my retirement plan. quaint Jul 2024 #4

Still working full-time at 75, I should be able to retire in another 300 years. NBachers Jul 2024 #5