#6 | POSTED BY WHATSLEFT AT 2024-12-30 03:51 PM | REPLY
Those rates are somewhat less in central away from the coast, and we are purchasing a small two bedroom, two bath cottage for cash [want no mortgage when on a fixed income] Low cost home relates to lesser insurance. Have planned ahead as have two low milage vehicles which are paid off, so the only other vehicle we plan to purchase once we are there is an EV [i.e. a golf cart : )
We will also have a discount as our vehicles are insured by USAA who will also be insuring our domicile.
Currently it looks like we will have no problem living on our income and cash flow off investment's, so will not need wife's SocSe, and will put it off a couple of years, and then after starting it, will go into more investments to raise the cash flow from our portfolio. Will not in any way be wealthy in retirement, but should be comfortably well off IMO.
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