
▲ 2.1k r/Retirement401k
58M plan to retire at 68
Have $3 million+ in retirement. Also have pension with lump sum payment of $300K (or $2500 per month payment) in 9 years. Home value of $2.2 million and will fully payoff mortgage in 9 years. Raised 4 children (financed their undergraduate education). Plan to retire with $8 million (assuming 10% annual growth) at 68 as wife will be 65 then for us to get Medicare.
Been contributing to retirement fund since age of 28.
u/daddyof4sons — 4 days ago