Forum Discussion
Gnarley
Aug 14, 2020Explorer
SteveAE wrote:
Gnarley,
Maxifi costs about $100 per year. As you can see on their website, it helps determine your lifetime discretionary spending (what you can spend, not how much you actually do spend) for the remainder of your life based on your assets (present and future earnings included). Compare the pro's and con's of various scenarios (i.e.; when to take SS, when to retire, how much you's save/spend each year if you move to a different state, taxes, effects of inflation, and so much more). It's all on their website. I have found it a very valuable planning tool. But, of course, you may not agree. That's fine with me as I have no skin in the game.
Yes, Oregon has an Affordable Care Act (Obama Care) program similar to Cover California. I don't know the details of it as I choose to purchase my health insurance on the open market (61 YO male, $741/mo., ~$8K deductible for those who are curious) even though I could very easily qualify for a subsidy if I wished.
If you don't have well in excess of $2M (including anticipated SS and/or other retirement earnings), don't even consider Bend. A friend has a old (early 1900's) 751 sq ft house on a 50 x 100 ft lot that is worth at least $400K. A new 1800 sq ft house on the same size lot goes for ~$600K. And large properties..........well, you won't find much for less than $1M. So say you need 1.5M over the remainder of your life to maintain your present standard of living (probably a pretty reasonable amount for a frugal couple in their 60's in Bend) and you pay 500K for a house on a postage stamp lot. Well, then you will need ~2M over the remainder of your life. I can't speak for other areas in Oregon, but you can easily find prices on Zillow if you are curious.
The Eastern Oregon towns of Burns/Hines, for example, would be A LOT less expensive (at least to purchase a house), but you may may not wish to retire there??????? So it might be wise to take a road trip through Oregon before you commit to any one area or even the state. If you do travel through, send me a PM maybe we can get together for a beer.
Look. I'm not trying to discourage you and I might be totally wrong on all this (though I doubt it). And, of course, you are free to do what you want. I was just trying help you (and likely many others reading this) by sharing my experience (I have been studying this for the past 5 years) with you. '
Hopefully you have found my comments somewhat helpful, but I think this thread has gone way off topic for this forum so I won't be following this post any further. If you have a specific question, feel free to send me a PM.
Good luck and best wishes.
Thanks, your info is helpful. I've done some preliminary searches and none of the areas you noted were ever on my radar. We do not want to be in the middle of the state and as I've noted believe that the coast is very possible.
About Campground 101
Recommendations, reviews, and the inside scoop from fellow travelers.14,730 PostsLatest Activity: Jul 03, 2025