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re: What is your target savings and age for retirement?
Posted on 1/1/17 at 6:19 pm to kywildcatfanone
Posted on 1/1/17 at 6:19 pm to kywildcatfanone
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.
2
Posted on 1/1/17 at 7:20 pm to Ric Flair
Unless Social Security is 'privatized' or dropped or otherwise fricked with so that there is nothing.
Posted on 1/1/17 at 8:02 pm to Ric Flair
quote:this.
I think a lot of people are younger and are not depending on SS/pensions, and taking inflation into account.
I am 37 and have no expectation of SS income. I also don't have a defined benefit pension, so my "target" will be my only income at retirement.
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