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Reply to "What is your "magic number" for retirement?"
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[quote=Anonymous]Interesting to read all these varying plans. We have about $6.5m, both age 50. 2 kids still to finish hs (one private) and college (one def private, already known) About $400k saved in 529s. No pensions. Possible $4-5m inheritances but no guarantees. Elderly parents have current high care costs. Trying to stash as much away of HHI of $1m/yr now, to prepare for possible retirement in a few years. Will depend on layoffs beyond our control etc but would prefer to work until youngest goes to college in 3.5 years… [/quote]
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