I have friends up north who have retired on much less, but they live in a small home with no mortgage, drive old clunkers, and hardly ever go anywhere or do anything that costs money. They go hiking or bike riding for activities and eat all meals at home. I have other friends with multiple properties who are constantly traveling and have expensive hobbies, who would blow through a million rather quickly. Both friends are perfectly happy. What one needs to retire depends on both lifestyle and health, there is no set number.
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