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

[woodsprite]

13. Just got our statements last night. I'm 50 and working on 4x

I'm assuming you mean in an actual retirement account rather than a regular bank account. It would be more, but I went the most conservative route with how the fund was invested. Hubby had a bit more aggressive approach and he's almost up to 6x his salary now, but there were no guarantees.

We were very lucky in that where we work will contribute up to 4% of your salary a year and put it into your retirement account. You have to at least contribute 1%, but can contribute as much as another 5% if you want to. As my salary grew, I was young and stupid and never really went back and revisited my investment strategy and I should have. If I had, I might have seen closer to my husbands' returns. Now at 50 (51 for hubby) and with one kid out of school (almost through college) and another one almost out of daycare, how much could I gain if I actually maxed out my contribution. I'm pretty darned sure we both couldn't increase to max, but we'll have to play with the numbers. Most likely I'll retire first since I don't like what I'm stuck doing and he loves his job.