Retired People: What Surprised You?
- Thread starter Harvey
- Start date
Peter Minde
Well-known member
- Joined
- Jul 19, 2020
I'm 3/4 retired, with a grueling, unendurable 1-day work week.
The biggest thing is, one needs more money in retirement than one may realize. Unfortunately, I'm lousy at budgeting.
I've met people who sat on their hands after retirement because they had no hobbies. I don't think that will be an issue for most people lurking here.
As a counterpoint to @jasonwx , I believe there are multiple definitions of "productive member of society." I may not be contributing much to the GDP, but I'm making music.
The biggest thing is, one needs more money in retirement than one may realize. Unfortunately, I'm lousy at budgeting.
I've met people who sat on their hands after retirement because they had no hobbies. I don't think that will be an issue for most people lurking here.
As a counterpoint to @jasonwx , I believe there are multiple definitions of "productive member of society." I may not be contributing much to the GDP, but I'm making music.
Peter Minde
Well-known member
- Joined
- Jul 19, 2020
Ya can't just grind forever for billionaires and their shareholder value.
Peter Minde
Well-known member
- Joined
- Jul 19, 2020
Harvey
Administrator
- Joined
- Jul 15, 2020
I was hoping to hear about lifestyle things, not really money. Yea it's all a guess about how much money you need, but you don't know how long you will live.
For sure it will be weird not working and having a paycheck.
My homeowners insurance is like 2x was it is in NJ and my house isn't even done yet. Health insurance is WAY more expensive, because it was "free" (paid for by work) but in reality the cost is way less on Medicare vs the private insurance I had. Don't know about car insurance yet.
My property tax it will likely be a lot less, maybe half. I don't know how much it will be, but smart people have estimated it for me.
For sure it will be weird not working and having a paycheck.
My homeowners insurance is like 2x was it is in NJ and my house isn't even done yet. Health insurance is WAY more expensive, because it was "free" (paid for by work) but in reality the cost is way less on Medicare vs the private insurance I had. Don't know about car insurance yet.
My property tax it will likely be a lot less, maybe half. I don't know how much it will be, but smart people have estimated it for me.
Peter Minde
Well-known member
- Joined
- Jul 19, 2020
My supplemental Medicare insurance - from everybody's favorite, United Healthcare - jumped when I moved up here. I have Humana for prescription insurance. F'n Humana nearly doubled when I moved from NJ to NY. Then it went up another 47% for the coming year. Plus, they don't want to pay for a maintenance medication that I'm on, which they had no problem with when I lived in NJ.
Property taxes approximately the same here as in Dover NJ.
But the early season skiing has been great so far.
Property taxes approximately the same here as in Dover NJ.
But the early season skiing has been great so far.
Peter Minde
Well-known member
- Joined
- Jul 19, 2020
Lifestyle: It hasn't been easy finding musicians to play with up here.
IDK what it will be like in North Creek, but it can be hard to get a plumber, electrician etc in for work on your house. Not enough of them. Two weeks ago I contacted my electrician, they're now scheduling into January.
Insofar as health care, I don't have any difficulty seeing a local primary care physician. But specialists, I gotta go to Plattsburgh or Burlington VT, and sometimes they schedule way out.
IDK what it will be like in North Creek, but it can be hard to get a plumber, electrician etc in for work on your house. Not enough of them. Two weeks ago I contacted my electrician, they're now scheduling into January.
Insofar as health care, I don't have any difficulty seeing a local primary care physician. But specialists, I gotta go to Plattsburgh or Burlington VT, and sometimes they schedule way out.
