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Reply to "How old are you, HHI and how much saved for retirement? "
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[quote=Anonymous]38 and 40 HHI 275K ~$400k in various 401k/TSP plans (I think it's approaching 450k because of the current stock market) Two federal pensions (both currently feds), and unless our jobs get eliminated, we plan on being fully vested with around 35 years of service when we retire We also have a home that, thanks to the increase in local real estate prices, is conservatively valued at $1.1 million, and we owe ~400k remaining on the mortgage. I think that people overlook home equity when thinking about how much you "have" for retirement. My mother always rented, and once she retired things got very tight.[/quote]
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