Submitted by TyperMcTyperson t3_127odxf in personalfinance
alwayslookingout t1_jefspes wrote
Reply to comment by TyperMcTyperson in Do I stand a chance at a decent retirement given where I currently am? by TyperMcTyperson
But you’re nor retiring today with your current balance- you’re retiring in 20 years. Additionally, 60% (~$109K) of your current salary is a lot. If you’re hoping to spend up to that much without a mortgage then you need to save up a lot more.
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