• yenahmik@lemmy.worldM
    link
    fedilink
    arrow-up
    1
    ·
    3 months ago

    I’ve been mulling over which large expenses to cover while still working that would reduce spending in retirement. For example, I’ve been looking into getting solar to cover electric costs over the long-term. This would also require us to get a new roof, as ours is nearing EOL and it wouldn’t make sense to install solar only to take it down in a couple of years.

    I could also splurge and get an EV, which if powered by the solar setup, would be free to run. Though increased registration fees may offset the gas savings, so this one might be a wash financially.

    Any other suggestions to consider dropping money on in the 3-5 years before retirement?

    • eldavi@lemmy.ml
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 months ago

      why not wait for the $10k chinese EV’s to become available to you?

      • yenahmik@lemmy.worldM
        link
        fedilink
        arrow-up
        2
        ·
        3 months ago

        Because I have little faith in the US government ever allowing Chinese EVs into the country. They are so superior to US automakers options, the lobby against them is/would be insane.