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re: Goal for retirement savings as a ratio of salary

Posted on 4/1/24 at 2:08 pm to
Posted by tigerbacon
Arkansas
Member since Aug 2010
3704 posts
Posted on 4/1/24 at 2:08 pm to
I want 10k a month in retirement. Will have zero debt and only bills are the utilities
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5063 posts
Posted on 4/1/24 at 2:09 pm to
The key thing is have your house paid for
That is a nest egg drainer
Posted by TheGooner
Baton Rouwage
Member since Jul 2016
1002 posts
Posted on 4/2/24 at 1:08 pm to
I think that it is risky to assume that your expenses will go down in retirement years.

Even if you have no debt. Statistically speaking you are likely to a significant increase in healthcare costs.
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