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A comment on How much should I think of saving every month as a 29 year old?. Parent comment

Re:How much should I think of saving every month as a 29 yea... by closeparen on Thursday April 25, 2019 @10:27PM (#19754347)
It implies living on a near-poverty income in retirement. To maintain a median salary you’d want twice that.
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Re:How much should I think of saving every month as a 29 yea... by geowwy on Thursday April 25, 2019 @10:32PM (#19754369)
If you also owned a home in a low-cost area of the country you could probably still live quite comfortably.
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Re:How much should I think of saving every month as a 29 yea... by jknoepfler on Thursday April 25, 2019 @10:43PM (#19754423)
you need to factor in health care, taxes, unforeseen catastrophes, etc.

also retiring to the swamp or midwest or desert is not everyone's cup of tea, particularly if it means severing ties with your community.

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