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Reply to "I am X years old and have X saved in a retirement fund"
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[quote=Anonymous][quote=Anonymous]THis threat makes me nervous. me: 42, have saved 200k. Started my first 'real' job at 32, since I was in grad school, getting a phd and fellowships until then. Salary is under 100k. DH: 49: has saved 250k. There is NO excuse for this, but poor planning on his part, since he's been working since 25. Salary now at 150k and I make him max and he will do 'catch up' once he hits 50. We have 3 kids, who will be heading to college when we retire. the only thing that helps me sleep at night is knowing that there's a trust that will probably cover three college tuitions and give them a bit of money for house downpayments, etc. But I worry about our own retirements, at this rate, although if I stay with this job (that I'm starting to hate) I'll have a small govt pension. [/quote] Isn't 550k good for mid 40s couple?[/quote]
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