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Reply to "So much anxiety about retirement "
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[quote=Anonymous][quote=Anonymous]Op. I’m about the same as you but with one kid. Overall you are in the top 20% of American households. Your $400k of savings if invested can double every 7 to 10 years. Now the reality: You will likely have to sell the house and move to a lower cost of income area at retirement and partially live off the money made from the sale. College for all four kids is manageable if they stick to state schools ideally with some community college first.[/quote] Same boat here but two kids. It worries me, and I tend not to chime in when everyone is talking about their millions in savings and six figure pensions and fully funded college accounts. I do think/hope it will work out if we keep saving and I can convince my husband to downsize at retirement. [/quote]
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