Assuming with or without a social security system still in place, how much do you plan on saving before retiring? Assuming your house is paid off or if you still rent something (specify). I was thinking and doing the calculation over the weekend. I calculated how much we need in order to keep our lifestyle the same, without having any house or car loan, it would be 30K/year. That's being conservative. Assuming we will live to 90 and no crazy expenses like 100K surgery, we would need to have 750K (includes retirement fund). So it seems that I won't feel safe unless I have 1 million $. At current rate, being in our early 30's and having one child, I'm having a problem seeing that goal reached. Hopefully, what's not in consideration will save us: increase in income, social security still in place, and interest earned from savings. Also, selling a Bay Area house making some money and go off somewhere and buy a small cheap house pocketing the profit. Anyone of you in your 30's have thought this through or those of you whose almost there or there have something to add?