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Reply to "Age, income, and amount saved for retirement? "
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[quote=Anonymous][quote=Anonymous]DH Salary $25k, 403(b) $350k DW Salary $230k, 401(k) $880k We are turning 50 this year and hope to use the last decade of working to beef these up and retire at 60.[/quote] Me again, forgot to add we have Roth IRAs $500k for me and $200k for him. That means a total of 7.5x our salaries at 50, which is more than on-track according to Fidelity who says 6x by age 50. I'm really proud of where we are with so many health challenges from DH. He did tell me this morning we may have to move from our townhome because of the stairs, though. Was hoping to get another 10 years here, but we will see. Fortunately, it's a good townhouse and will sell quickly, but I'm not ready to go into a condo yet and we can't maintain a SFH.[/quote]
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