With prices of everything rising and nobody fixing Social Security how much actual money will it take to consider retireing? There is only so much you can cut expenses. Even if your home is paid for it will always need maintenance, appliance replacement, and insurance. Vehicles require insurance, maintenance and of couse fuel. Then there is always the health care costs. All this is with a very simple life and betting that your health holds out so you can keep doing the physical things that keep your expenses down.