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

Stocks go up and down. Seems like every time you get a big up it crashes.

Watch this 20,000 go to 15,000. It will take years to get back up.

Interest rates will likely rise, crashing bond funds. Might be best to hold cash until rates rise then buy bonds or CDs. I remember when CDs paid 12%, now it's hardly worth the paperwork.

If the Trump 'infrastructure' spending happens, inflation will surely happen because of deficit spending. Even if you believe that GDP will rebound (?) the spending will have to occur first, ballooning the debt.

Maybe then corporate bonds will be worth a hoot again? Until then, the market looks like the Amite River late August 2017.

Everybody has a 30 year horizon, but the 'black swan' events happen, and out the window go the plans. Look at 1998, 2008 crashes. Ironically those were 10 years apart, and 2008 was 10 years ago. We might be due.

On the other hand, stock pickers often get slaughtered. Bogleheads seem to do well, except in general declines.

Who knows??