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Reply to "40 years Old Financial Calculators Fail Us Thread For Good Savers"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yeah, I have noticed this about those calculators too. Right now ours says we need to save $10 million for retirement and that we are off-track because at our current savings rate we'll have only $8 million. That just seems insane. I wonder if they assume that you won't make any changes in lifestyle??? [/quote] I think that's exactly what they assume. I don't know about you, but is fully intend to live somewhere with a much lower cost of living when we're both retired. [/quote] But what if all your children live here? We're 48 and 50 and I could definitely see staying here in retirement if the kids are here.[/quote]
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