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Reply to "What's your "number"?"
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[quote=Anonymous][quote=Anonymous]What will you all be doing in retirement that you need so much money? Just curious? We have a HHI of $300k but can't imagine we'd need such large sums of money for day to day expenses in retirement. We will pay off the mortgage before we retire and own a rental property we 'll probably sell. With no mortgage payment, what will you do with all the money??? I'd like to do some traveling but not that much. [/quote] +1. We are also at $300k. I actually think ~$100k a year in retirement will be just fine (in today's dollars). House paid off, no debts, etc. I look at akin to life pre kids - $100k a year was plenty then. [/quote]
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