re: Lets say you plan on retiring at age 60 and you are now 30....

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So like I said....

That also doesn't include your paid for house, and any retirement accounts your spouse has.

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It also doesn't include the massive expense that is health insurance for a 50 year old individual/couple.

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Lets also be real about the $40k salary you used. That's shite money for an older person. Sure that's fine for someone just starting off, but if we are being reasonable then we should all plan on advancing our careers and skills to a point where we are far removed from entry level pay.

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A) I used inflation.

B) Saving 25% of your pretax earnings is all that really matters. That's a very healthy number. However, let's say you're only saving 15% (10% + match), but your income grows at 5% vs your spending growing at 3%. You'd run out of money around age 67 if you retired at 50.