How many of you at retirement age haven't saved enough? How is it?

Enough is relative.

It's also meaningless since no one knows how long they will live.

If you have $10 million in the bank at 65 and die at 66 you're just dumb as the guy who's got $10 in the bank at 65 and dies at 90.

Most people will work their behind off for money that is not even used by them or if it is, it pays for their old age home rent. Think about that for a second.

What is enough? Enough is not having to sell primary residence and enough is having money for 24/7 in home nursing care. Considering what "enough" really means, over 99% of u.s. citizens can't afford to retire.

Age 50 with net worth about $5M. Retired last year to travel to meets to watch my 2 children who are D1 runners. Probably wouldn't have done much different other than to have hidden money better so that kids could have gotten college discount. Even with no income, one is paying full price at Ivy.

I'm just asking questions

you must be a doctor

what's yours?

you sound like you're 25

30 years old and $100k. I'm afraid I won't have enough

No. Just a regular business job.

oh cool. well done, you've done quite well for yourself and your family

$5 million liquid?

Pre tax $$?

$2.5M pretax. $500K house. $2M cash, stocks, mutual funds.

If you do all you can, then what is there to fear? You will have a few opportunities to make some good change. I regret those. To my younger self, I would say "study the opportunity more before you walk out". Even though, at the time, I thought I studied it plenty - not enough. But you cannot regret a disciplined life. You cannot predict how long you will live or the onset of inflation that will cause your savings to diminish. Nothing is linear. Take control of your retirement rather than leaving those decisions to someone else. Follow your own instinct. Someone else's specific regrets are not necessarily good advice for you. You start out with a lot more than I had at your age.

You think like you're 30. You'll wise up eventually.

I value my freedom more than living long and comfortably. I realized that when I was 35. Funny thing, I am going to make it to the end anyway and have had a balance between giving and taking the whole way. It must be worse for lonely people, living their lives driven by fear of insecurity and dependent only on money to get by, and not the love and support they give and have given. In that people in "undeveloped countries", but not too poor, are better off.

What do old people need a lot of money for? They don't do much of anything.

You will need to be a bit frugal I would think.

May have to last you 40 years or more

TAIR: I usually thoroughly enjoy your posting on LR but your take here leaves a lot to be desired. No sleep and no coffee before posting this?