To save enough to retire at 65 I won’t be able to buy my first house until I’m so old that I wonder if it’s worth buying at all
To save enough to retire at 65 I won’t be able to buy my first house until I’m so old that I wonder if it’s worth buying at all I am in my early 40s and am way, way behind in saving for retirement. I’ve calculated that to live the lifestyle I want in retirement (spending about $10K/month), to be able to retire at 65 I need to save the $23K annual max in my 401(k) plus about $4,500/month. This would leave me with only about $10,000 for regular savings at the end of each y...