What’s your targeted monthly retirement income? Obviously this is subject to your lifestyle (Location, expenses, etc)
In current dollars or future dollars?
Current because future dollars are a product of inflation and market forces
Ok well that’s pointless because expenses will be lower in retirement (social security, paid off mortgage, kids out of house etc etc).
A lot less than that. With a paid-off house and no kids, probably 5k/mo 2024 bux max, likely a lot less than that. at 3.5% SWR, around 2M in assets required.
Did you include health insurance?
$5k/month