Really cool retirement site

[eliza61]

Anyone see this before? I thought this was a cool site. It kind of gives you an idea of how much it would cost to live in certain areas.

http://www.bringyourchallenges.com/map-my-retirement

So my top choices were Charleston SC and Philadelphia PA. price tag of between 6 & 7K a month. LOL. I did include 1200/month traveling budget.

Hey If I'm going to plan, I'm planning big.

prices seem a bit high, since I also put in Orlando florida and they say in 2019 it will cost me 5K a month to live there, which I know I could survive on much less.

 

[candy0730]

Very fun site! I entered that I didn't know where I wanted to retire and after answering all their questions they say Honolulu is perfect for me. I have never been but it does sound nice. The scary part is the cost - $12,051 per month in the year 2035. Better get back to the drawing board. lol

Eliza, where do you see a total breakdown of expenses? All I can find is housing, transportation and dining. I did say I want to be a frequent flier so I am curious of how much of the $12,051 is for travel.

 

[2TxAgs]

Haha...got some issues with my suggested locations. Kodiak, AK and Fargo, SD? I don't think so!

After several iterations, it comes up with Ft. Myers, FL. But when I look at my monthly expenses, my cheap car will cost $694/mth (adjusted for inflation) but my occasional travel (which it defines as 1-2 trips per month) will only be $262/mth. I can't even take 1 trip a month at TODAYS dollars for that amount! Maybe my trips will only be to the HoJos in the next town for a night????

But, it's fun playing around with....

Candy...pick "explore your town" and then "get your summary" and you'll see what part travel plays in your total.

 

[DVC California]

LOL- for some reason I felt like I was riding Spaceship Earth in EPCOT. I was waiting for the cartoon to start that showed my perfect retirement!

Thank you! Steve

 

[DizMe]

I can't seem to get it to work. I click 'get started' and the next page is all hazy and won't allow me to click anything.

 

[Pigeon]

I got some really odd cities. It doesn't ask many questions. And the monthly expenses were ridiculously inflated. The point of this site seems to be to scare you into thinking you will need a fortune in retirement that you can only amass by investing in Prudential products.

The expenses assume you will need a new car and have a payment, while I drive my cars into the ground and generally don't have a payment. The housing prices also assume a hefty mortgage. I said I'd travel moderately, which to me means one or two vacations a year, but it's budgeting much more than that.

 

[eliza61]

I got some really odd cities. It doesn't ask many questions. And the monthly expenses were ridiculously inflated. The point of this site seems to be to scare you into thinking you will need a fortune in retirement that you can only amass by investing in Prudential products.

The expenses assume you will need a new car and have a payment, while I drive my cars into the ground and generally don't have a payment. The housing prices also assume a hefty mortgage. I said I'd travel moderately, which to me means one or two vacations a year, but it's budgeting much more than that.

LOL most definitely Pigeon.



I put in my home town of NYC and it came back with something like 12K a month to live. LOL almost all my family lives in the city and I know, no way in heckdom are they spending 12K a month.

 

[buckirj1]

It would have been nice if they'd asked a broad geographic area as part of the test. I might end up retiring somewhere else, but I don't think I'd want to move from the Mid-Atlantic to the Mid-West.

 

[CandleontheWater]

They told me I should live in Orlando

They also said I'd need 16K a month, ouch!

 

[Pigeon]

It would have been nice if they'd asked a broad geographic area as part of the test. I might end up retiring somewhere else, but I don't think I'd want to move from the Mid-Atlantic to the Mid-West.

Yup. It's like those "Ten Places You Should Retire" articles that list towns like Bowbells, ND and Gravity, IA. Not that there's anything wrong with those cities, but as a northeasterner, it's not happening.

 

[ChanFO]

20,000 a month to retire in the 2050's. Sure hope incomes start rising quick, because there's just about no way that will happen otherwise.

 

[peel]

My 3 chosen cities are Vancouver, WA; Portland, OR; Olympia, WA...to the tune of $15K a month. Yeah right!

 

[AquaDame]

Very interesting.... we want to retire on island in Hawaii ideally (we'll see what it looks like then before we get too hasty!). Its quoting $2,500 a month for food in 2047 treating ourselves from time to time and $3,000 a month in housing when I said we wouldn't have a mortgage or rent. Maybe property taxes will be that high and food could skyrocket but it still seems fishy since it says only $500/mo on travel when everywhere we'd go would include a high priced air ticket.

It also says its only 2K more a month than just retiring where we are in Portland Or. I'd think way more. Hmm.