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What's a reasonable retirement fund to you? (asking out of ignorance, not sarcasm or anything)
by jlelonm 8y ago
What's a reasonable retirement fund to you? (asking out of ignorance, not sarcasm or anything)
- bdcravens 8y agoVaries - how much will you spend in retirement and what do you expect for a return? You need to factor in inflation, since $1 today buys more today than it will when you retire. https://www.nerdwallet.com/investing/retirement-calculator https://www.nerdwallet.com/investing/retirement-calculator is a good calculator for this. (though I'm not a fan of its spending assumptions - if in retirement you have paid for houses and cars you definitely will be spending far less than today)