I will be retiring in one year at age 65 3/4 with investable assets of "only" $300,000 or so. But my home is paid for, I have no debt, my social security check will be about $2,680/mo, and I get a small pension of $650/mo. We will have a comfortable monthly budget of $2,500, including medicare and supplemental health costs, an extra $53,000 cash set aside for travel, cars etc. Our initial savings rate will be about $2,000/mo after retirement, rising to $3,340/mo when dear wife starts drawing her social security. So even though we will not have a massive nest egg like many board members here, we will be able to comfortably retire at age 65.