My husband and I both have IRAs and roth Ira's but there is not enough in them to live on for more than a few years. We have no pensions at all. My social security check is small and so will my dh's. We have never been big earners.
We do have a paid for house.
We have quite a bit in mutual funds and cash that is earning us about $20,000 a year in interest. (just the cash) I supposed we will live on that when dh quits working. I also hope to sell this big house some day and downsize to something smaller.
|