Originally Posted by
skeet
I find the how much to retire on question a very interesting one, esp how to forecast what I would need once I retire.
My Parents have just retired, Dad in his mid 70's, mum just turned 65. Sold up the family home in Christchurch and bought a new house in Oxford. Morgage free house worth $550k, and $500k in the bank. There only income now is super x2, small amount of dividends payments and interest on bank deposits.
I would think that, yes this enough now, but I would think once I retire, disposable cash will be even more important.