Quote Originally Posted by encorehunter View Post
Going along with Irving's financial tracking, I thought it would be interesting to see people's thought on retirement.

What percentage of your current salary do you think you would need to live comfortably once you retire?

How much to have in savings when you retire compared to your salary?

Would you prefer a lump sum of money to live off of, or a monthly check until the end?

I'm work I towards having 100% salary when I retire, along with having at least 2x my salary in savings. I don't think I would mind having a part time job, but I would rather not be forced too.

I still have 19 years to go to retire at 55, but I have been saving and work in towards it for the last 14 years. I know life throws curve balls pretty often, and now with three kids under 4, I probably will have some coming.


I have the same numbers in mind but may continue to work but not in pharmacy. Would love to be a teacher and hope to be able to make a transition from pharmacist to something else in a few years. Tired of evenings until 10pm and every other weekend work.

Home will easily be paid off by 65 if not sooner with some additional principle payments. But Murphy has a way to screw things up.