To avoid blowing through their savings too quickly, the Kaderlis track all of their spending in a spreadsheet, Billy said. That doesn’t mean they set strict spending limits for themselves, though. They spend happily and still get ahead.
For example, if they spend a lot one day, they’ll eat only the food they already have and won’t spend money on anything the next day, Akaisha said. They know the average amount of spending they can afford on a daily basis so they can keep their annual withdrawal from the investment accounts to about 4 percent a year. You can see the sort of spreadsheet they use and how they track their spending in their book, “Your Retirement Dream IS Possible.”
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