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Reply to "Is it normal around here to have 10 mil in assets by the time you retire?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Very few will ever retire with $10+ in assets. Highly likely it’s less than 1%, maybe .05% or less. Some people make a lot of money, but they also spend a lot of money. If you are living OK on $100k, it would be ideal that your retirement income could replace that. [/quote] I for one plan to travel alot more so our retirement might cost double what our current expenses are. [/quote] +1 I'm planning a lot of travel. It's gonna be expensive.[/quote]
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