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youth
Explorer ○○○

Re: How much money for retirement

I reiterate.....5 million is a good round number!

Gabe

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kzug
Explorer ○

Re: How much money for retirement


@youth wrote:

I reiterate.....5 million is a good round number!

Gabe


I iterate...

6M is nice...

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Capital
Participant ○○○

Re: How much money for retirement


@kzug wrote:

@youth wrote:

I reiterate.....5 million is a good round number!

Gabe


I iterate...

6M is nice...


7M is also a nice round number 

Capital
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Gary1952
Contributor ○○○

Re: How much money for retirement

or less than 1m can work depending where you are in your life, your needs and you take a look at the complete picture.

 


@waffle wrote:

I am 51. Sadly I was not financially aware and started saving and investing when in 40s. Assuming I am able to work till 65.  How much money do I need to save for my retirement? What is the best way to calculate?

I do not have any pension. But hopefully should get Social Security if it is not run out of money till then.


 

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