If you can't or are not confident you can figure out your target, I suggest a financial advisor.Certainly a valid point, but the odds are against me making it to that age.
I think having an annual budget in retirement of $85k-$100k [+/-$10k as needed] is probably about the right number... Where my calcs are getting complicated comes from the retirement starting age (55), then adjusting for SS income commencing at 62y/o and how these factors affect longevity of any nest egg...
Is a starting figure of 1, 2 or more million the correct amount to carry into maybe mid-80's age? What kind of investment return needs to be achieved to make the whole thing sustainable?
I've heard many in retirement say it's not as expensive to live as you may think, but I'd hate to find out that's not the case for me.