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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]My DH and I both will have government pensions (DH's @ $50K/yr and mine @ $30k/yr). I also have a pension with a nonprofit that, if it still exists, will be $11k/yr. I can retire with full pension at 59, DH at 60. We will also have healthcare provided via our government pensions. We're aiming to save @ $53k/yr. We should have @ $500k in retirement accounts by the time we retire. We also have $1M in equity in our house (we don't plan to move, though). We own a 2-family and rent out one floor -- if we continue that in retirement, it should bring us @ $2k/mo. That, plus SS and Medicare, and I think we ill be OK. [/quote]
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