Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Is $500,000 enough for retirement?

I’m just curious. Or if not, how much should I save? Like $900,000?
This page is a permanent link to the reply below and its nested replies. See all post replies »
To live comfortably, I'd say $1500 a month is about the minimum. You statistically have about 70 years left, so you'll need about $1.25 million.

That doesn't take into account inflation or the "risk" of living longer than that though, so you may want to save up a bit more to be certain.