Reply to How much do people have saved for retirement?

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[quote=Anonymous][quote=Anonymous] [quote=Anonymous]DCUM is crazy about this. Normal people would feel like you do - and would feel that, with over $1 million in retirement savings and another 10 years to go, of course you can travel and buy a couch.

On DCUM they'll tell you to move into a garden apartment rental and eat only rice and beans until you hit $11 million, then maybe you can get takeout pizza once a year.

[/quote]

Haha yeah-I can see that. Just don't want my husband to be right! But maybe he is! Grr. [/quote]

How different are you, in terms of what you think is appropriate here? And what do you expect your expenses to be post-retirement? Like are you going to sell the house and move to a cheaper area so you can relax - or what?

I mean, I'm broke for DCUM standards and rich for normal American standards, and you sound fine to me. You sound great. My parents, who are in their 70s, have $1 million saved for retirement and travel constantly. They are having a great time. Or at least they were before the pandemic. Their house is paid off - which helps - and they live in a cheaper area, but it's not dirt cheap. [/quote]

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