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Reply to "How much do people have saved for retirement?"
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[quote=Anonymous]OP, to put into perspective for you: We plan on retiring when I'm 56, DH will be 61. So no social security for at least a year or more. The biggest consideration is health care costs. I haven't read the entire thread, but private insurance is *super* expensive. We have it now. This will be one of the biggest, if not the biggest expense in retirement prior to medicare kicking in for us. We plan on retiring with about $2.4 million. I would prefer $2.5, but in reality, it might end up being $2.3. We plan on have a gross income of $120 to $140K. We also plan on converting our VUL insurance to long term care insurance. We met with a financial advisor who said this was doable.[/quote]
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