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Retire 3 Years Earlier By Cutting Down Your Clothing Consumption & Why I’m Going Cold Turkey

Retire 3 Years Earlier By Cutting Down Your Clothing Consumption & Why I’m Going Cold Turkey

Inspired by Cait Flander’s new book: The Year of Less, I started thinking about my consumption habits — particularly clothes. I wondered why I needed to buy new ones every year and how many years earlier I could retire by removing clothing consumption from my lifestyle. The average American Household spends $1,600 a year on clothes. Considering the average household income is $60,000, the after-tax in NY** is $42,000. 4 percent of your average household’s yearly expenditure is on clothing….

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