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Are you planning.........

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  1827.1
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  Oct-19 10:14 pm

for the amount of money you will need monthly in your retirement years?
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Are you planning.........

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  1827.2 in response to 1827.1
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  lucy4980  Member Icon
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  Oct-25 4:05 pm

We are 20-30 years from retirement, so we aren't planning at that level of detail at this point.  Retirement is just too far out to make those sorts of estimates.  However, I am very confident that we will have enough to retire on when the time comes - we've been putting 10% of our gross income away every year since I was 24 and my husband was 27, so we've got time on our side.  I've also got a big boost in my retirement savings from my company - we put a significant amount of our profits into a managed retirement account for the employees every year.  Our target is 10% of each employee's gross anual income, but for the past 7 years, we have put in at least 15%.  Even if another cent is never invested into that account, with 2-3 decades to grow, that is a huge boost to retirement savings. 
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