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Topic"I'm not saving for retirement, I don't plan on living that long"
Flaming_Fire619
03/30/24 2:28:56 PM
#11:


At the moment the amount that people they would say they need to "live comfortably" in retirement is 1.3 Million. They also say that you're supposed to be saving 15% of your income for retirement in order to hit your goals and live relatively the same as your current living conditions.

That is not feasible for like 3/4ths of people. Add in that the retirement age is steadily going up and is already at 67, the chances of any of us seeing Social Security or anything else in 40 years is basically null.

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