Quote:
Originally Posted by Jason14h
"Likely not as good spot in 20-30 years"
Why do you say that? Has the world ever gotten worst over any 30 years period? And does it really change that much from a retirement standpoint?
20 years ago was 2001. Are things dramatically different? How about from 1991.
You need a home, food, medical and entertainment $. If anything those (other then housing) should relatively come down in price as technology advances
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Can I travel still for an affordable price? My parents travel 3-5 times a year as they are retired. Could I still do that? That changes how much I would need for retirement.
What’s your costs going to be in the future for all those things listed? I suspect things will be much more expensive.
Those are just my thoughts, which hasn’t had me nail down a target for retirement yet.