Speaking of nest eggs, I met with my financial advisor Tuesday. Reason being, now that the GOP got back in the driver's seat, I was worried that my retirement funds would nosedive. I don't pretend to have much smarts that way. I just remember the Bush years. Call me superstitious.
But he told me that a GOP senate under a democrat president should do very well according to historic trends. I have no idea if that is true or not but that's what he said. That made me feel a little better.
Anyways, I am just a regular guy. Far from rich but my bills are always paid on time and my belly is full and I have a nice warm home.
Doing the math, when my wife and I retire, we can expect nearly 2.7k, combined, from Social Security each month, (more if I wait until 65 to retire.) If I sold my home and combined my retirement funds with that amount, I could pull another 2k a month to that almost 2.7k of SS, giving us approximately 4.7k a month in income that would last us until we are both well over 100 years old.
That's just enough to buy myself a small home around Tarpon Springs, pay all my bills and eat steak every once in a while. That's all I need. I am happy with that.
Should one of us die before then, our annuities kick in and our life insurance would more than make up for any loss.
Granted, that's not a whole heck of a lot but dog gone it, that's being responsible for myself. I won't need anybody's welfare. I'm kind of proud of that.