RVing in 2022
With the price of fuel going up as fast as it has been, I am sure most folks are reconsidering their plans for 2022. Are you ? My daughter's family was planning a trip to Disney World with their c...
Forum Discussion
ferndaleflyer wrote:I'm fortunate and made a decent living most of my life, saved what I could, but I have lots of bills. I have house taxes, income taxes, house insurance, health insurance, home heating, water, sewer, electricity, telephones, internet, cable TV, maintenance on the house and Rv, car insurance (2), maintenance on the cars, food, clothing, christmas presents, birthday gifts, and I could continue. And the prices of all these keep rising.
I have been fortunate to have made a lot of money---and blew a lot of it along the way. When I was 25 or so Dad said "you could be a millionaire already but" I did all the things you could do when young while I was young. Didn't wait till I was old and stiff to wish I had. Also been broke a couple of times. But I am 81 now and have no regrets, health is pretty good and already have been to FL once and Myrtle Beach this year. Diesel is $4.09 here and I am rolling out once more Friday. Only bills I have are insurance and taxes, everything else is paid for So, the price of fuel will not keep me home.
So I guess I'm not as fortunate as you who only has insurance and taxes (unfortunately I still like to eat).
So anytime fuel goes up as high as it is right now - Yes! it has an effect and hard decisions have to be made. Do I hit the 401K harder, or do I cut back and hopes I can make the 401K last until no one needs it any longer (which could be a day, or it could be 40 years).
If you could just tell me how long I'll need that 401K to last that sure would be helpful.
