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I think by the time I'm ready to retire, I'll need about 1.5 mil. It's hard to estimate, though, because it seems like my kids eat up huge amounts of money but that's hard to quantify exactly. I'm figuring that we could live on 60K a year (figuring 3.5% inflation into it) before taxes. Seems like a lot, but I'd rather aim too high, refigure, and be pleasantly surprised than the other way around.

I'm 47 now. I think I'll have enough to retire in 10 years. DH's parents are dead. My mother is 83 and has a fairly substantial estate -- enough to keep her going for the next 17 years, for sure, unless she requires 24/7 care for longer than a year or so. I'm not counting on getting anything from her, because that would be counting my chickens before they cross the burning bridge. I'm also not counting on getting Social Security -- same reason. So maybe one or both of those will give me a lovely surprise.

phantomdiver
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