how old are you and how many X your annual salary have you saved up..

[aristocles]

6. 63 and 10X

Even though my wife and I together made over $170,000 annually over a ten-year period during the boom years 1998-2008, we never bought the trophy house. We've lived in the same fairly modest house since 1984. It's paid off. Always buy used cars. Our current vehicles are 14 and 11 years old, and in perfect running condition. Put three children through private universities, no debt.

We live fairly frugally, pretty much as we did when I was in graduate school in the mid-70's living on a $200/month fellowship.

We don't plan to retire in any real sense. We'll continue to work as consultants or part time. I'm not counting expected Social Security payments coming at age 66.