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Reply to "So how do you know if you're "on track" with retirement savings?"
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[quote=Anonymous][quote=Anonymous]600K in IRAs and 401Ks seems awfully low for your HHI of 300K, even given the private school tuition. Where's all the money going? [/quote] wow, who died and made you Dave Ramsey? geeezzz :roll: We have a HHI of 275K and have about 600K in retirement. We would have more if DH had not gone through a long period of unemployment (one year), and not gotten divorced 20 years ago giving his ex is all of his 401k money as part of their settlement. My point PP is that very, very few people, you included most likely, have a straight line to retirement. there are many left turns on that road, such as job loss, illnesses, DOWN markets from 2008-2012. Most portfolios have only just recently gotten back to their pre-2008 levels. The key is to get back on the straight and narrow as quickly as possible. [/quote]
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