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Originally Posted by XutvJet

It's pretty crazy (and a bit amusing) to read the huge numbers people are throwing around in this thread. $5M+? Really? On average, Americans have around $140K saved for retirement and ~10% of retirees right now have $1M or more in assets/savings. That means the vast majority of 40-60 y/o's in this country aren't even close to $1M in savings/investments/assets. You best be saving a mountain of money right now if you intend on retiring in the next 10-20 years with $5M+

LOL I was going to make the same comment but decided to just be amused here…

10m is 250k a year for 40 years without any interest or dividend. 6 people said that’s what it’d take them to retire lol