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[quote=Anonymous][quote=Anonymous]How are people figuring out how much they will need? We have 12-15 years until retirement and I am not sure where to start. Do you look at current expenses and subtract the ones you won’t have and add ones that you will (for example more on travel or health care)?[/quote] Yep, we are have also 12 years away from retirement and that’s what we do to calculate. We are targeting mid to late 50’s retirement so it gives us a good yard stick on how much to save and spend. Obviously we can continue working longer if health and economy permits but having a good idea is very helpful.[/quote]
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