Personal Finance (Not Investing) • Handling Large One-Time Expenses in Early Retirement

None of those examples look like “surprises”. And private school tuition isn’t really a one time thing……

They're surprises in as much as they were not included in the original retirement plan. Perhaps one has excellent schools where they live, but come to find that their children may benefit from a different environment. Or perhaps one saved sufficiently in a 529 to cover most higher education costs, but their children are considering matriculating to an institution that is more costly than budgeted.

The scenarios aren't as important as a framework for considering large, unplanned, discretionary expenses.

Statistics: Posted by abracadabra11 — Mon Dec 23, 2024 12:41 pm — Replies 14 — Views 1414

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