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54 married I am looking at retiring at age 59. How am I looking? At 60 I will ve getting 24k a year from the military and 20k a year from Va state pension. I'm looking at collecting SS at 65. We will downsize our house and buy one out right. My wife is older then I am. She us getting 12k in SS and 6k in Va disability. We are looking at Palm Springs Ca or Jacksonville Fl to retire.
It would depend on what type of lifestyle you are seeking. It appears living in Jacksonville is approx. 14% lower than Palm Springs. If finances isn't your main issue than climate, activity, culture, etc. might be something to consider.
The OP's total annual gross income including his wife's comes to $62,000. That is enough to live quite comfortably unless one is in a very pricey area. Palm Springs is pricey, but I don't know exactly how pricey. I would check that out carefully. There are two things you would have to be O.K. with there in addition to the price of housing: summer temps of up to 110 degrees and the presence of large numbers of homosexuals. If it all adds up for you, go for it.
54 married I am looking at retiring at age 59. How am I looking? At 60 I will ve getting 24k a year from the military and 20k a year from Va state pension. I'm looking at collecting SS at 65. We will downsize our house and buy one out right. My wife is older then I am. She us getting 12k in SS and 6k in Va disability. We are looking at Palm Springs Ca or Jacksonville Fl to retire.
Your income is okay for both areas. You can find some affordable houses in Palm Springs. Weather there is better then Jacksonville. Jacksonville is a bit too congested for my liking but that is all your feelings. Someone mentioned a large homosexual area in Palm Springs. Please do not let that sway you. They are people too. It is known though as popular in that community. Still I enjoyed the week I spent there and will travel back there to visit again sexual orientation not withstanding. The wife didn't go with me when I went because she was working.
I'm obviously not a huge fan of Florida , but your income will probably go further there. There is no state income tax and you should qualify for the homestead exemption for your property taxes. I think if your house is paid off and you don't have too much debt or other expenses you should be comfortable on that income.
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