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Reply to "How much do people have saved for retirement?"
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[quote=Anonymous]We are 53 and 55. We have $1.8M in retirement. We plan to retire in 5 years with $2.5M. We will not be living in DMV. Our house will have about $500k in equity when we sell it, and we hope to buy our new home with that money in a new location. We don't live extravagently. As far as buying things, we put a certain amount away each month for retirement. Buying a new couch would not take away from that amount. It might take away from new clothes or vacation but not from retirement. You might be able to use that argument with your husband. A new couch will not affect retirement.[/quote]
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