Quote:
Originally Posted by Unregistered
How much does a retired couple need assuming they are debt free?
Some people say $2000 pm is enough for them
Some people say need $2 mil in cash
If you look around at coffee shops the retired uncles don’t seem to need much. They sit at the coffee shops drinking coffee and eat lunch. The most they spend maybe $10 per day so $300 pm is enough as long as they don’t gamble.
So $2000 pm for a retired couple is more than enough if they are frugal.
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Didn't prepare for covid medical bills?