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re: What retirement savings balance is your goal, and by what age?

Posted on 1/2/21 at 8:58 am to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
122624 posts
Posted on 1/2/21 at 8:58 am to
quote:

Anybody else think they are doing good, just to come read the MT and get depressed?


It's an anonymous board. I truly doubt most of the numbers being presented as facts. With that said, anything is possible.

I'm on track for about $2.2M at 59.5 and that will be more than enough to live out the rest of my life. I have no one to leave any real inheritance to, spread mine out among our church and a couple of humane societies for whatever is left. At $2.2M, I can withdraw 5% and still have enough for 30 more years, which will more than last to my death.
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