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Reply to "How much do you think you need for retirement, salary and age (and when you expect to retire)"
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[quote=Anonymous]47- have about 2M saved including home equity. I would like to have the house paid off and 3M liquid. It's doable but will require austerity. Expect retirement at 60. Expect some social security and about about $4500 per month pension on top of savings. The key, honestly folks, is aggressive savings. It's not just the big stuff- it's the little stuff. Quit the Starbucks, buy clothing on sale, take more modest vacations, buy used cars. I won't lecture- but it's what we learned. That little, piddling stuff adds up if you don't have endless amounts of money. [/quote]
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