Great advice but,,,,,,,

Learn to do it yourself

Chart your own future

Don’t pay someone else to do it

I started saving for retirement at age 14. Figured it out back then I didn't want to work my entire life only to be broken down in retirement like my parents. Compound interest is a beautiful thing. As been stated by people far wealthier than me, the first $100K is the hardest to acquire. After that it builds quick, fast, and in a hurry! I have had it planned out since I was 14, to retire at 50 with my wife (her choice if she wants to work). So, that is what I've planned for. When my friends were buying their new trucks, boats, guns, phones, etc. I was making do with what I had, socking away every penny I could using a flip phone, driving a 12yo truck, etc. Now, I'm 11 years from retirement and in a far better position than my most all of my friends, family, and even a lot of coworkers. It SUCKS at times! I won't lie. I wanted many things, but I also want to RETIRE AND ENJOY LIFE at 50yo more.

As for a specific number, that is impossible to pin down. Everyone has their own habits, hobbies, etc. so their expenses will be different. My wife is 8 years younger than me; she likes to make money while I like to save money. We work well together. She can work another 15 plus years after I retire. But since I was so frugal and strategic in my early life, we have no debt other than our mortgage which will be paid off soon. We will continue to live off one paycheck and invest the other. Even if she takes a penalty for early retirement, we will be ok. I have a specific number in mind I would like to see before I retire (not counting my pension). I should exceed that with several years left to work. But I won't let up just because I reach my goal.

Best advice I got was to start early! I tell everyone take advantage of employer match but put at least 15-20% of your money into your retirement each check. More if you can swing it. You won't miss it if you start out doing it that way, and you will soon learn to do without. Every time I get a raise; I take 1/2 of the raise and put it in retirement. All those cool new toys now, will be worthless when you need the money the later in life. Most are too short sighted to be that disciplined. They think, "I work hard, I deserve this xyz." Then they complain they can't retire because they have nothing saved.

Want to retire early? Don't get married.

If people can't live on $4,500 a month something is wrong.

I get what your saying midlander,,,,not arguing

But would say that today’s young people have a huge advantage and likely know a lot more about finance/investing than folks 30-40-50-60 years ago,,,,,just from technology

There’s no excuse

Back in the day,,,,,you had to wait for the newspaper. and going through pages of really small print. lol
Physically go to the bank

If anything,,,,hiring help later in life makes more sense

The numbers are bigger. Taxes are more complicated

If you don't spend tons of money here, you can live pretty cheap .

I've read a few articles and there are a sh-------, err, a lot of different ideas on how much you need to retire. It seems, the vast majority of current retirees are getting it done with less than 350k in retirement savings (household). This seems grossly inadequate to me and I put "the cheap" in frugal. What do y'all think? Let's just assume a husband and wife getting a combined $4,500k/mo. Social Security check. We, currently, have no debt. Are retired folks borrowing $$$ for cars and such? How much do you think you should have? I'm 54 and have been in the business of retirement planning in the past, but I would sure like to get your take on how much is enough!?

That's the problem Vinke, if you have much, cant run from the tax man.

After that it's the insurance man.

50 g x 20=…….. add it up.,,,,, now if ya live older……
Rest home is 10- 13 g
My property taxes are 8 g in wa and 5 in az…..