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Originally Posted by Slava
Well I work in that business and would be really interested to hear what you think is the right amount, or by how much its exaggerated? I don't mean this as a shot at you at all, and I'm certainly not trying to call you out at all as it does depend on what you want to do in your retirement. I would be interested though.
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I plan on doing things I do now like play golf 3-4 times a month a take a couple trips a year. And for that I think I'll have enough money with the amount mentioned.
Are there statistics with how much cash people are actually retiring with? It seems like to me that there are a lot of people that are without rather than with say a million even.