vacation funds
Hi Terry. I have about $800k in IRA’s, Roths & Savings Bonds. I’m 72 years old and want to travel before I can’t any longer. If I spent about $10,000 each yr for the next 3 years. Is that reasonable? I’m not sure how much travel I would be able to do at 75. Many thanks.
Terry Says
unless you’re spending a fortune on your daily expenses of rent/mortgage, clothing, food, I definitely think you can — and should– treat you to a $10,000 annual travel budget! Enjoy and be safe!
