Retirement on $100 a Day: Is It Possible in Today’s Economy? Here’s What Experts Say

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But nearly 50% live on less than $40,000 in income before taxes.

Is thatenough for a comfortable retirement?

Then list discretionary spending onhobbies, entertainment and non-essential purchases.

But rather than stop at your first years expenses, take a stab at forecast them several years out.

Also consider whether your household has cars it wont need after you retire.

Retiring on $100 a day $3,000 a month poses challenges, to be sure.

But theyre not insurmountable if you plan carefully and stick with your budget.

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