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Is 33-36 thousand enough to live on? Need some answers. [View All]

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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-04 02:26 AM
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Is 33-36 thousand enough to live on? Need some answers.
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I'm planning on pulling the plug on my job within the next few months. It is a civil service position and will immediately give me 1/2 of my present yearly salary, minus federal tax only. I will not be paying SS, NY income tax, Medicare, union dues. The check will be monthly. I presently own my own home its paid for. i have a small home equity loan to pay for new garage to store a couple of my old cars. I have also squirreled away some savings. I probably will eventually post a resume since I do have a grad degree MPA. For now I will be content in just finishing up stuff around the house. You know all the crap you keep putting off, etc. I'm a little scared about leaving but after 30+ years I really think it is time to move on. I might be able to get the pension tax free due to old job related injuries that have not been settled.
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