At age 60

1 MIL... 3MIL..5 MIL..10 MIL USD?

Just hope fuh good health...cause everything else is meaningless

@Master_Blaster

It depends:

1. How many years do you have again to get to 60?
2. What is your projected interest rate? This will tell you what your approx income will be monthly
3. What is your projected expenses/loans/medical/support for dependents?

Those factors will determine your monthly Net. Do you feel comfortable with that Net living in Country ___?

$1M US could be good if all your loans are paid off especially owning your house.

@Master_Blaster

A “good” net worth for retirement depends less on a magic number and more on what your money has to do for you: cover your yearly spending, for how long, with what safety margin (and whether you’ll have pensions, or part-time income).

A practical rule of thumb (the one most people use)

Estimate your annual spending in retirement (after taxes, and after any guaranteed income), then use a safe withdrawal rate:

4% rule (classic starting point):

Net worth needed (investable) ≈ 25​* × annual spending

More conservative (3–3.5%):

≈ 29–33 × annual spending

​(*Trinity Study)

Example:

If you want $60,000/year from your portfolio:

At 4%: $60k × 25 = $1.5M

At 3.5%: $60k × 28.6 ≈ $1.7M

When people ask about net worth, they often include home equity​, but you can’t easily spend your kitchen cabinets.

A “good” retirement net worth might be, for example:

$1.8M total net worth, but only $1.3M investable, and that’s the number that really drives income.

Sarge

@ray

Just hope fuh good health...cause everything else is meaningless

You don't want good health and be broke!