Retirees: How much money have you given yourself to live off of, and are you satisfied?

Question

I know there are a million online calculators for this stuff but I'd like real-person opinions.

If you are retired - what age did you retire at, how much annual income did you allocate, and what level of "luxury" or lack there of has it given you? Just curious how my retirement plan compares to reality....

Answer 1

You are going to get such a broad array of answers on this one. There is no one "ideal" retirement amount. One person may want $100,000 per year because they want to travel the world. Another may only allocate $30,000 because they have paid off all of their expenses and want to just hang loose.

Are you worried you haven't saved enough?