What Retirement Really Looks Like at 65 With $2.7 Million and a Vineyard That Costs $48,000 a Year to Run

What Retirement Really Looks Like at 65 With $2.7 Million and a Vineyard That Costs $48,000 a Year to Run

The post What Retirement Really Looks Like at 65 With $2.7 Million and a Vineyard That Costs $48,000 a Year to Run appeared first on 24/7 Wall St.. Quick Read A Sonoma vineyard purchased for $1.4 million drains $48,000 annually in operating costs, consuming 1.8% of a $2.7 million retirement portfolio before the couple’s living expenses and triggering IRS hobby-loss rules that prevent expense deductions against other income. Retirees must choo…