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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I always feel that DCUM oversaves

I don't get why people need over 100k in retirement.  For most people SS almost gets you halfway there.  And SS isn't going away, the age might go up and benefits might slightly decrease but most people should be expecting at least 2500 a month if they are working

Main point being 1-3 million retirement account fund at age 60-65 is plenty.

Some realistic benchmarks 1 million at 55

500k at 45

250k at 35

[/quote]

Because I like to take at least one ski trip out west each year.  Because I plan on spending a month in Europe every year.  Because I live cooking nice dishes and eating out at good restaurants.  Because I plan to have a seasonal home.  Because I want to enjoy myself, after busting my ass working.

For me, the point of retirement isn't simply to stop working; it's to enjoy myself and do the things that I couldn't do because I was working.  Many of those things cost money.  I am 48, with a NW of $2.5m, and theoretically could stop working now.  It wouldn't be dying, but it would sure feel like it.  [/quote]

Do you have health insurance if you retire at 48?  If you have that, not sure what you are waiting. [/quote]

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