I am X years old and have X saved in a retirement fund

[Anonymous]

Me 27 10k

DH 33 11k

[Anonymous]

48 and 47. About $250k combined in TSP/401k but I will have a CSRS pension and my wife with have a MCPS pension....

[Anonymous]

DH 41, DW 42
HHI 155,000
DW 110,000
DH 14,000

We both have defined benefit accounts

[Anonymous]

Late 30s - combined 450k in retirement savings
HHI 200k

[Anonymous]

49 with 245K in 401(k) and also have a defined benefit account; my income is 110K

Not sure about DH although he has a CSRS pension

[Anonymous]

I'm 38, single, and I have $338K including 401K and Roth IRA.

[Anonymous]

50, me $350,00; DH $550,000; DH life insurance $3 million.

[Anonymous]

PP again, plus DH gets retirement pension; and we own 2 homes outright, which our son will be given.

[Anonymous]

Anonymous wrote:I'm 38, single, and I have $338K including 401K and Roth IRA.

Forgot to add that my gross income is about $116 plus $15K rental income, so $131K.

[Anonymous]

32
100k

[Anonymous]

40 and 40
DW - about $400,000 including DB plan
DH - about $300,000

HHI $200,000

[Anonymous]

Combined 1.3 m. 43 and 42. Kids college 100k 6 and 8 yo

[Anonymous]

I'm interested in the topic but don't find the responses useful because lots of people don't specify whether they have a pension. That does impact how much you'll need in your IRA when you retire. Many people in the US do not have a pension. Since this city has a high rate of Federal employment, lots of people here have pensions but it's not the nationwide norm. We also don't know how much debt some posters have in addition to their retirement plan. I don't think it's safe to assume they are debt free if they've got a decent IRA balance for their age. The question should really be, how much should I have in my IRA at my age assuming I do (don't) have a pension? And most of us don't have enough, not even close.

I'm early forties with $650K and expect a decent pension. I want to get another $350K at least before I retire, which is doable.

[Anonymous]

21:27 again: also, limited debt with lots of equity in the home and some money set aside in college plans. Spouse in about same position. I had college debt to pay off but still put $ in retirement early on. It's much easier to save for retirement if you start early.

[Anonymous]

Anonymous wrote:I'm interested in the topic but don't find the responses useful because lots of people don't specify whether they have a pension. That does impact how much you'll need in your IRA when you retire. Many people in the US do not have a pension. Since this city has a high rate of Federal employment, lots of people here have pensions but it's not the nationwide norm. We also don't know how much debt some posters have in addition to their retirement plan. I don't think it's safe to assume they are debt free if they've got a decent IRA balance for their age. The question should really be, how much should I have in my IRA at my age assuming I do (don't) have a pension? And most of us don't have enough, not even close.

I'm early forties with $650K and expect a decent pension. I want to get another $350K at least before I retire, which is doable.

Good points. We are poster above you. We will be debt free ie house paid for in 12 years. It's a 3m house by today's standards. We don't expect to have other debt, nor do we have any today other than mortgage. We plan to downsize in ten years.