At what age will you retire and with how much?
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Anonymous
| Include home equity amount in the total but indicate it in parentheses. |
Anonymous
| I will retire at 40 with 1 billion dollars *dr. Evil pinkie* |
Anonymous
| You start? |
Anonymous
|
50. 2 billion (1) |
Anonymous
|
mid 50s/early 60s
About 3.75mil (750K home equity) |
Anonymous
| 52, $8.5M |
Anonymous
| I will never be able to retire. I will work until I drop dead. My worst nightmare would be becoming unable to work because then I will become homeless. |
Anonymous
| 58, 12m |
Anonymous
|
60, about 5.8m (1m)
Significant portion of that is a rock solid pension, plus healthcare coverage through employer with regular employee premiums before Medicare kicks in. By 59 we will also be done paying for college without debt, also a huge factor in timing. |
Anonymous
|
65
Only SS and pension 40K in the bank but that was only because I lucked into an inheritance 100K in home equity that happened completely in the last two years, I only put 3% down on my condo I retired three years ago and so far life is grand, I have enough to live on, good health insurance, and feel relatively financially secure despite not having the millions that DCUM seems to think is necessary for retirement. |
Anonymous
| 65 with about $1.5 million and a pension. |
Anonymous
A real pension is key and most people don’t have those. So we need to save a lot of cash. |
Anonymous
|
Never
Zero |
Anonymous
| 58 4 million. But wife still working part-time I think. She loves here job. What can you do. No pension. $1M is house $3M in investments. |
Anonymous
|
I’m 47 and have seven million and am starting to think that might be my answer. Tempted to quit.
No kids so no college expenses, but also no safety net when I’m old. |