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re: Realistic Retirement Amount and Age

Posted on 5/31/17 at 3:28 pm to
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13921 posts
Posted on 5/31/17 at 3:28 pm to
I feel like I'll need/want $2M in today's money to retire. So as a 29 yr old that puts my realistic retirement age at about... 75.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72935 posts
Posted on 5/31/17 at 9:28 pm to
quote:

So as a 29 yr old that puts my realistic retirement age at about... 75.






i'm way older than you but let's face it we may all be screwed regardless. Social security says my retirement is at 72. LOLOLOLOL. You will go insane worrying about it. To hit my income goals in retirement i MAY have to work maybe until 65 or 70. Yes i have high goals....however.....i may lower them just so i can actually have some "actual" retirement years and enjoyment. We cannot take the money with you when we die and the older you get you WILL value quality time more and more.

You may have money when older but not be able to enjoy it at 75. we will be lucky to live to 80. so that is 5 years of retirement on the porch? LOL Who knows. You can do things now but maybe do not have the money to do them. it is a catch 22. I am pushing hard right now to at least reach my minimum of in case i say screw it i am shutting it down i can.
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