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Is that somebody famous? I don't recognize him.
Toss a bit of andouille sausage in with that and you have the breakfast of Bayou champions!Mostly the advice about driving hoopties.
I don't have time to listen to you guys badmouthing Dave, I have to go make my breakfast, lunch and dinner.
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I have a PU, the truck and an SUV - all paid for before I retired so sunk cost.Trying to live on $500 a month would be a struggle with one car that gets great gas mileage. Adding a second vehicle to the mix would be very difficult. I really wouldn't have much use for a truck otherwise. Packrats would probably tear it up anyways.
My insurance on my 2006 hooptie Corolla is $118 a month. I just watched a segment on CNBC this morning saying the average new car this year will cost a person $1000 a month between payment and insurance. Redic!I have a PU, the truck and an SUV - all paid for before I retired so sunk cost.
I don't have insurance on either the truck or pickup, nor tabs - I generally only use them on my property. Basically, their only expense is fuel and a little electricity to keep the batteries charged. I drive them so little that there really isn't much cost to owning them. If SHTF, they would both be a lot more useful than my SUV as the SUV would only be used on road and only if the road was passable.
My insurance on the SUV is $100+ a month, more than I spend on actually driving it. *shrug* it sucks, but there it is.
I was told all my life that SS would not be there when I got to that age, But TADA! I'm here, and they are sending me monthly checks! DRHey, at least some of you will get your SS payments. I am young enough that I will probably get bupkis. There are not enough people my age and younger paying into this pyramid scheme for my generation to get a payout. So we will either have to dip into yet more taxes to get ours or go without. As with most things, eventually you run out of someone else's money.
$500 a month would be more like the Philippians. DRI'd move to Mexico.
I could do the Philippians...if they have good Mexican food!$500 a month would be more like the Philippians. DR
The comment about living in a place similar to where some people go "to get away from it all" (to paraphrase) is how I feel about where I live - every day is "away from the things of man".A new book came out last week that looks interesting.
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"So what has he learned, in a lifetime alone? His opinions about his life decisions remain firm: "I've spent the majority of my life living outside the conventions of mainstream society, and I'll tell you what I think is weird, and it ain't the hermit. It's how entire generations of people have been conned into believing that there is only one way to live, and that's on-grid, in deepening debt, working on products you'll probably never use, to line the pockets of people you'll never meet, just so you might be able to get enough money together to buy a load of crap you don't need, or, if you're lucky, have a holiday that takes you to a place, like where I live, for a week of the happiness I feel every day."
Here's an article about it.
https://www.msn.com/en-us/news/us/ar-BB1noFYS
I get almost $3K/mo from SS - it pays for my mortgage (house, not cabin - but in the "woods"). This year I started to pull $1K/mo from my IRAs to pay for "extras" (preps, "toys", etc.) and unexpected expenses.Over $2100 a month, they would be living like a king and queen with a cabin in the woods.
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Boomers live on Social Security, no retirement savings
Mary Dacus and her husband live paycheck to paycheck on their Social Security income. They struggle to afford groceries and healthcare.www.businessinsider.com