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Money and Finances
Reply to "Retirement Saving Benchmarks"
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[quote=Anonymous]These types of questions are almost impossible to answer because life is so unpredictable. Investing (assuming you have a decent job) is a mindset and your success has more to do with your willingness to sacrifice and take risk than anything else. But how much to save? Nobody knows. A good friend is a former investment banker. Safe to say he has 5+ mil, and he lives like a king in latin america on 30k a year. If he still lived in the US with his former wife, they would probably need 10 mil to maintain their lifestyle in a high cost of living area.[/quote]
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