When wife and I retired 27 years ago, we had what we would considered a comfortable retirement ahead of us, and so far it has worked out rather well.
We would not consider retiring on that amount now.
It is fifteen to twenty years down the line you have to look at, not your present comfort zone.
We have had a ball, but would need three or four times our original amount today for same experience.
I do not think that amount recommended is over thought.
|