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A comment on You Need at Least $3M in Savings to Live Comfortably in Retirement. Parent comment

Re:You Need at Least $3M in Savings to Live Comfortably in R... by readthenotes1 on Tuesday February 21, 2023 @01:24AM (#34877433)
Not a chance?

There are quite a few retirement simulators that you can look at to see what chance you have with the money you have.

Cfiresim, firecalc, etc.

I retired on less than 1 million about a decade ago and I'm doing more than fine.

--

The trouble with anyone giving anyone else an amount they need to save before they can retire is that you have to ask first how little you can live on.

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Re:You Need at Least $3M in Savings to Live Comfortably in R... by jacquesm on Tuesday February 21, 2023 @01:31AM (#34877488)
Good for you. But: that means that you likely had your house paid off and that you retired at an 'appropriate' age. If you're still young then there is a fair chance that life will interfere with your plans.
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