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re: What is your target savings and age for retirement?

Posted on 1/1/17 at 5:41 pm to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120023 posts
Posted on 1/1/17 at 5:41 pm to
I'm not going to post in here. This thread is depressing me. I thought I was in good shape, but most of you are wanting 3x what I thought I needed to live comfortably.

I'm thinking with no debt (which I don't have now), and $75K in retirement income, I should be able to do most everything I want in retirement.

Seems like most in here will be living like Trump. Either that or I'm missing something.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13710 posts
Posted on 1/1/17 at 6:19 pm to
quote:

I'm not going to post in here. This thread is depressing me. I thought I was in good shape, but most of you are wanting 3x what I thought I needed to live comfortably.


75k/year plus social security and a paid off house is a very comfortable retirement, if you're 58 years old. I think a lot of people are younger and are not depending on SS/pensions, and taking inflation into account.
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