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

Posted on 1/2/21 at 5:26 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81085 posts
Posted on 1/2/21 at 5:26 pm to
quote:

Some people are ecstatic earning 18% in a mutual fund in a year. If you are in this boat, you will probably retire in your late 60's and life a comfortable life assuming you stick to that plan.

You realize if you could get 18% annualized returns each year, anyone in the thread could probably retire by 50. Even half of that over the course of an entire investment career would be absolutely outstanding and lead to retiring before late 60s.
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