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URL:  http://boards.fool.com/the-problem-with-most-retirement-calculators-is-25188285.aspx

Subject:  Re: Are Americans saving too much for retirement Date:  2/18/2007  8:23 AM
Author:  ResNullius Number:  2267 of 60006

The problem with most retirement calculators is that they base retirement needs on salary rather than spending. While many people do scale one with the other, you don't have to do that.

Solid observation. In addition to hopefully not having a mortgage, you won't need to build retirement/investment accounts after you retire, because presumably you've already done that. I've never understood retirement calculators that are based on salary rather than spending. There's what I earn, and then there's what I need to maintain my lifestyle. In retirement, all I need is what it takes to maintain my lifestyle, which is much less than my annual earnings during my pre-retirement years. Anyway, I thought this was a very useful observation.

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