Originally Posted by Unregistered

OMG, you dudes are thicker than I thought.

The figures are not rubbish, just pure and simple Maths.

The money you need is up to the kind of lifestyle you aspire to lead in your retirement. The case used was for the couple who were spending $5k pm.

If you aspire to a $3k pm kind of lifestyle, then use the $3k figure to compute. $3k pm = $36k pa. If they retire at 60 and live to 85, that's a good 25 yrs. With a miraculous zero inflation over 25 yrs, the amount needed is $900k.

You can factor in any inflation rate to see how much the amount needs to grow. No need to argue. It is your retirement, not mine.