retirement fantasy planning
Buddy has his countdown going on - 3 years 4 months - and is
actively looking at retirement planning. There are online calculators from
banks and AARP in which to plug your numbers (estimated bills, income from
social security and/or 401-k accounts).
There is a lot of research to do on Medicare, when to sign
up, which plan to pick, whether to get a secondary insurance. A lot of work.
But we have also been watching shows on television like Log Cabin Living and Fixer Upper… saying things like 'that would be nice' and 'we could do that to our house'.
Our house is 40 this year! There have been a few minor remodels over the years, and some major projects like the new roof, deck, and the kitchen redo a few years ago. The joys of home ownership (JOHO) is ongoing, always something to fix or add or replace.
So far we have a list of several things that we
will/might do to the house at some point. Things that should have been done
long ago like replacing the 1970s orange shag carpet upstairs, and replacing
the paneling in our bedroom, and something that would just be nice - moving the
laundry room out of the basement to the main level.
So we have to work to pay for these remodels. Always something.
Anyone have any retirement planning advice?
