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Reply to "So how do you know if you're "on track" with retirement savings?"
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[quote=Anonymous][quote=Anonymous]OP here, thanks, this is mostly making me feel better. Husband is active duty -- he will probably retire soon but will of course get a civilian job to supplement his pension. He has 23 years in and is 45; I am 42. So barring some disaster (and yes we do have long term disability insurance!) we will both continue to work and save for another 20+ years. Plus at retirement we will presumably get social security, assuming the system itself is not bankrupt )in which case we will all have bigger problems). I honestly think we could love very easily on a third of what we now make once the kids are grown-- right now child-related expenses take a huge bite out of our income, and we live in a house that is much bigger than we would need without kids. But we will keep saving regardless. [/quote] and you are 45 and 42!!! Shut UP![/quote]
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