Welcome to the Jill On Money Show. It's Wednesday, August 27th, and we are here trying to answer your financial questions. If you have one, just go to our website, jillonmoney.com, click the contact us button and write us on note. We'll take it from there. If you want to join us live, check the box. Mark will arrange to bring you on the air live with us, which we love. The reason we like having you on the air with us is that we can often ask you a follow-up question and not wait for you to get back in touch with us. But, you know, I get it. Some of you are shy, so that's okay. Email's great. Right now, let's talk to Julie.

She joins us from California.

Hi, Julie, how are you?

Hi, I'm very well.

Thank you for taking my call, both Mark and Jill.

What can we do for you?

What's happening?

So I am curious about how much extra money I can spend on play things. So in this climate, especially

also in this climate at this stage of our lives, how much can we spend conservatively for

things like travel and hobbies? And I'm really focused on the next

maybe five to seven years when I think we will be more active and inclined to do bigger trips

that tend to be more expensive. Okay. Who's the we in this? My husband. Okay. How old do you guys? I am 63 and he is 65. And are you guys both

retired? No, I am retired. He is happily working and I encourage him every day to keep doing that. He will probably retire

in another two years when I'm 65 so that we can get Medicare. Okay. So you can get Medicare

because obviously he's 65. How much does he earn right now, Julie?

Right now he earns about 150.

Plus he does consulting.

So maybe on this year, it'll maybe be closer to 200.

Okay.

And will he keep doing the consulting when he steps down or do it full on?

No, he'll keep that. He will.

Okay.

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