Every household is different and relative!
How much is enough is definitely relative?
Read your Past and forecast your Forecast.
So far; Uncle8888 still prefer this model after searching through the cyber world and NLB bookshelves on adequacy for retirement planning.
The Balance Sheet
A more sophisticated way to measure the success of a retirement portfolio is the one used by large pension plans. You compare what’s called the actuarial present value of your assets and liabilities. The …