LogFAQs > #946393181

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Topic	Anyone else scared dat $1 million isn't enough to safely retire nowadays?
Proto_Spark 10/28/20 12:20:49 AM #8:	If you're planning to retire at like 60 and live for another 30-40 years, you'll easily need like a million dollars. A big issue with that is that it also tends to follow how people like to retire and continue living the same standards of life they had before, when that isn't really practical. You don't need to go into poverty or anything, but like, sell the big house and cut HBO and you can probably only need to save 1/2 as much. <cite>Proto_Spark posted [p:946393181] in Anyone els... [t:79068353]...</cite> <quote>If you're planning to retire at like 60 and live for another 30-40 years, you'll easily need like a million dollars. A big issue with that is that it also tends to follow how people like to retire and continue living the same standards of life they had before, when that isn't really practical. You don't need to go into poverty or anything, but like, sell the big house and cut HBO and you can probably only need to save 1/2 as much. </quote> ... Copied to Clipboard!
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