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

SS will be around for us when we retire, I'm 40. There are too many people that haven't saved to get rid off it. Will benefits be less and social security withholdings thresholds and rates be higher in the future, very likely.

Polling people on a money talk board is not a representative sample of general US population. 97% of the people that read this board are savers.

How much you should save for retirement is a very individualized question. It depends on what age you want to retire, lifestyle you like to want to lead in retirement, health of retirees, etc. Some people could be fine with $300K nest egg, SS benefits, and a paid for house. Others want to live with their OT friends and will need close to $10M.

Take control of today and tomorrow and develop and execute your retirement plan that works best for you.