Reply to Why are people obsessed with putting $$ in retirement?

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[quote=Anonymous][quote=Anonymous]We ran the numbers.  My DH is several years  older than I am.  He will retire in his early 60's. He wants me to retire when he retires, so I will not even be 60 when I retire.

We won't qualify for medicare since we are not retirement age.  Medical costs are the biggest factor when thinking about early retirement, imo.

[b]We want to save about $2.5mil by the time we retire so that we can live a really comfortable life, travel internationally once or twice a year. Plus we have kids, and we want to fund their college.[/b]

We do travel now with kids, but we want to do a lot more when they are older.

So we are frugal now, and save save save.  I don't want to worry about money when I'm retired before I hit 60.[/quote]

$2.5 Million doesn't sound like nearly enough to fund a retirement for 30+ years.  We are in our early 60's, have nearly $4.0 million, a paid off house (not a mini-mansion but in a desirable suburb), all kids launched, and it's not enough to be comfortable that we could afford health care on our own for several years and be sure we don't outlive our money.

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