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Reply to "How much do you think you need for retirement, salary and age (and when you expect to retire)"
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[quote=Anonymous][quote=Anonymous] You have the benefit of lifelong fantastic healthcare coverage. [/quote] I'm not disagreeing, but everyone has access to Medicare. If people are projecting draconian Medicare cuts, exorbitant out of pocket expenses, etc. it's all in the same bucket as people who don't even project they will get a minimum (likely 2/3) of their social security benefits because they think the whole system will collapse. If you think you need to accumulate $5 million in taxable accounts to live in retirement because the social safety net will entirely collapse and you'll need $50,000 of medicine to survive every year, do what you need to do. I'm just pointing out that these people are projecting for a worst 1% scenario.[/quote]
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