Setting in For a Long Winter's Nap

[Midwest Player]

You are in great shape. Besides social security (about $2500), and a pension (about $2600) that I get each month, I have about $300k plus a $200k equity in my home.

With your income, you could afford a warmer climate.

Zee, looks like you have more income each month than me in social security and pension. We are both fortunate to have pensions as a lot of companies have done away with them. In fact the company I use to work for did away with their pension and now has only a 401(k).

My house has been paid off for about 25 years now, but it isn't a very valuable house. It was all I could afford when I had it built 44 years ago, and I have lived in the same house ever since. No desire to move at all, but becoming a snowbird is an option I'm thinking about.

I do have quite a bit of interest, dividend, and capital gain income. Last year it was just shy of $13,000 not counting earnings on Roth IRA's and this year it might be double that as I sold some vacant land. I really don't have most of that income as its reinvested back in the mutual funds, but still have to pay taxes on it. So my spending income consists of social security, pension, and 401(k). My wife is also getting social security which is nice. Is your wife old enough to get social security?