[proxy_user]

When I was 50, I actually had 10.64 times my then annual salary in hard-dollar savings. By the time I retired at age 61, I had 24.45 times my final salary.

But it is very tough to save this much, I’m probably the only one here who did it.

[tflabo]

Congrats and nicely done. At age 61 I’m about 1/2 the results you had. Not bad but you’re an Ace.

[Cementjungle]

When I was 50, I actually had 10.64 times my then annual salary in hard-dollar savings. By the time I retired at age 61, I had 24.45 times my final salary.

That's a tough one to calculate. I semi-retired at 47 with a decent six figure income, but kept working after that (freelance, consulting, etc.) long after that... but only made half as much (but had 1/20'th of the stress!).

so.. when I completely stop generating income (from working) what "salary" do I count? Do we count as "savings" just our cash/stocks, or do we also count investment properties that are generating income? Does equity in our personal residence count?

[alexander_busek]

When I was 50, I actually had 10.64 times my then annual salary in hard-dollar savings. By the time I retired at age 61, I had 24.45 times my final salary. But it is very tough to save this much, I’m probably the only one here who did it.

While also raising several children? Commendable! Were the college fees a problem?

Regards,