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Reply to "How much do you think you need for retirement, salary and age (and when you expect to retire)"
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[quote=Anonymous][quote=Anonymous]Our goal is $4 million with house paid off. We are 45 and 47 and currently have about $2.5 million and house is 1/2 paid off.[/quote] What is your hhi? That is an important part of this equation because people living on upward $300k hhi in their 40s may expect a higher standard of living in retirement than those of us with much lower hhi. Also very important are whether you will have any pension and whether any of your health care will be covered as part of a retirement package. [/quote]
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