Originally Posted by
Hedley
At 53 most people have a couple of kids in college and have enjoyed at least one major career setback, but technically that’s two reasons. We may not need $400k annually, but you do need enough to live comfortably until you and your spouse are dead. To punch out at 53, one would need a pretty impressive retirement account balance.
And that gentlemen, is the million dollar question. If you can determine "how much is enough", then that lifestyle is closer than you think.
Side note and honest question, what basis does having a couple kids in college play one's retirement decision making?