Age for 1 million in retirement - couple

[Anonymous]

Combining all retirement accounts, at what age did you and your spouse hit 1 million?

[Anonymous]

You go first.

[Anonymous]

Mid forties?

[Anonymous]

46

[Anonymous]

42

[Anonymous]

32 & 35

[Anonymous]

Anonymous wrote:32 & 35

Did you slow down your contributions at this point? Or planning to retire early?

[Anonymous]

29

[Anonymous]

Since 5 million in pre-tax retirement accounts, paid off house, paid off vacation home, paid off cars, college fully funded, kids wedding fully funded, enough to give kids downpayment on first homes, and nursing homes fully paid for plus 5 million post tax retirement accounts is minimun to retire according to DCUM you have a way to go.

[Anonymous]

I would love to know. Can someone help me. I am 46 by the way. I have a pension instead of a 401k and my salary is $102,000. My pension simulation says that I retire at 65 my yearly pension in today's dollar will be $65k/year. The pension is also adjusted for COLI.

So I wonder how much I have in retirement now...

[Anonymous]

We're both 62 and we're at about $700k combined. We're not getting to $1 million.
I'm hoping that Medicare and Social Security hang on for a while longer.

[Anonymous]

42. Hit $2M only a few years later. It's the first million that's the hardest.

[Anonymous]

26

[Anonymous]

Anonymous wrote:

Anonymous wrote:32 & 35

Did you slow down your contributions at this point? Or planning to retire early?

PP here. We are continuing to max out with hopes of retiring in our 50s.

[Anonymous]

We were 42. Five years later we're about to hit 2 million (current down market notwithstanding).