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Reply to "What is your net worth if you are 55 years of age"
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[quote=Anonymous][quote=Anonymous]10x age is normal goal. Which is 5.5 million net worth at 55. Which is very impressive in a single income household. But this site is all dual income power coupled so 11 million would be goal [/quote] I find a more palatable calculation (more realistic, since 10 x age is super intimidating for most) is 25 x income needed. So if you need 200K (inflation adjusted) in retirement, then you need 5MM to retire. [/quote]
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