No idea. Really.
Of course I would change my spending automatically, if the income went down to zero. But it is not likely at all that something like that happens.
No idea. Really.
Of course I would change my spending automatically, if the income went down to zero. But it is not likely at all that something like that happens.
I don't use my car much anymore, so would consider that liquid, and could make the kids pay some rent now they are working (not much), if I sold that and nothing in the house needed repaired or maintained (ha ha ha) I am at almost 3 years. So I guess if I had some fatal illness and was willing to run out all of both my &my husband's retirement money I could stop working. Well, no, nevermind, I couldn't, because the medical care would bankrupt us. But we would not immediately starve anymore. It only took half a century to get here!
About three fiddy.
Without cutting back at all, even my frivolous spending and holidays, about six months.
If i cut holidays and frivolous stuff, about twelve months.
If i cut back essentials, sold some stuff, eighteen to twenty four months. If on top i downsized the house, probably five years.
If i could make it to seven years then my private pension would kick in and I can retire. If the government hasn't already moved the age you can draw a private pension i could be retired already.
Cash only, about 6 months. Selling assets, 20 years.
13 years ago I had to walk 2 hours after work to get home because I didn't have a pounds to rent a bike (it was a bank holiday and salary was delayed for a day). My family helped me expanding my education and since things skyrocketed.
I'm one of the lucky few who have a pension. I do not have enough savings to last until the pension kicks in, and in any case the pension is less than my current income, but I could live off my pension and social security alone.
3 years for my wife and I.
Probably 6-7 if we take money out of retirement accounts.
We have been very fortunate in circumstances. Spend about 2.5k a month. In mid twenties.
Maybe one year
I could probably make it 6 months maybe slightly more, I don't spend a lot as it is and where I live has a relatively low cost of living.
Buddy I live deep in the Appalachia mountains. I don't need money at all. All this technology and civilization bullshit is just a bonus for me, not a need.
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