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Reply to "How much do people have saved for retirement?"
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[quote=Anonymous][quote=Anonymous]Thanks to everyone for all this good info. I should have indicated that my husband does have a pension, but the lump amount was included in the $881K figure. The pension monthly estimate at 65 is $10K provided he keeps putting in at the same amount we have been now. And I think the health care costs are supposed to be partially covered in retirement, though I know our portion of the premium will go up. My apologies for not being more clear. I really appreciate the info, though, and think we should be putting more in. I don't think we need the full HHI that we have now, but we were thinking we'd rent out our house here and move somewhere else. We have EU citizenship so that's a dream plan to live in Italy or Ireland, but not sure we'll have enough nerve to actually do that. To the poster who noted that posting on DCUM is an anxiety wish, you're probably right. I always think it will be interesting to hear perspectives, and have to then remind myself of the vast differences in perspectives, some will make me feel great, others like garbage and wonder where we went so wrong. I think we're all just doing the best we can, no matter how much we make, and we need to not be so hard on ourselves, while still trying to secure our financial future. Thanks all. [/quote] I'm the one who wrote that DCUM is an anxiety wish and living in this area with the focus on competition and money is all anxiety inducing. Even though I have a trust, I work in non-profit, and when I get on this board, and talk to some of friends in higher paying jobs I get major anxiety. There are always always going to be people with more or less. So you can only worry about yourself and stop comparing and try to find a way to be happy.[/quote]
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