Reply to 50 year olds - how much retirement $ do you have saved?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]44 and 47
$1.25M 401ks
$170K brokerage
$150K savings
$350K 529s (for three kids, so still saving to do)
$300K home equity (home paid off ~ 14 years)

Dual-earner HHI of around $320K

After 25 years of full-time work and now with three kids, I would love to scale back, but not possible or practical yet! Right now, our goal is for one of us to retire by mid to late 50s and the other early 60s, but we will see how things go. [/quote]

A man not working in late 50s is unemployed. They usually die within a few years. 100 percent of my uncles who retired early 59-62 dropped dead by 70. [b]My uncles who worked till 70 all are alive and between 86-93.[/b]

I don't know PP. I wouldn't call that living. [/quote][/quote][/quote]

+1 IK,R? Working after 55 is something you do only because you have to, not because you want to.  All the other BS about dropping dead, men get bored, etc. is just crazy talk cooked up by phDs who couldn't find a better topic to right about..  It's not like anyone's going to care to dispute their findings!  What's in it for them?

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