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Reply to "Separate finances: how to deal if one spouse isn't saving enough for retirement"
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[quote=Anonymous]Just a thought but it might not be hard for him to replicate the same standard of living you have now in retirement. First, he's making $75K and contributing $19K of that to his 401k so he effectively has $56K of income. At 65 he will be eligible to draw social security so that will replace about $15K of that income so he only needs to replace $41K of income from retirement savings or approximately $1 million in retirement if you use the 4% rule and he will have 1/3 of that from contributions alone. Remember also that your expenses might be lower in retirement if you move away from this area + kids will be out of the house.[/quote]
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