I will be 60 this coming fall. My husband will be 56. Our house has been paid off since 2013. Husband has $20,000 in his 403(b). I have $120,000 in 401(k) and $95,000 in IRA. He saves 30% of his salary in his 403(b) and I max mine out ($24,000 this year). I drive 45 minutes to work to earn $75,000 a year. I cannot realistically make this amount of money anyplace closer to home. We live a frugal life and I figure we need $2,200 a month to live. The biggest chunk is real estate tax, and I plan to appeal my assessment this year. Our house is tiny - about 1200 square feet. My husband works closer to home and makes $52,000 a year. I can start taking a small pension whenever I want to - and I mean really small, $265 a month. I am sick of working for people who do not appreciate me and my job is very stressful. In two years, of course, I can apply for Social Security - which won't be large, probably about $1,100 a month. No debts, no car payments, nada. Kids are grown and out of the house. We are vegetarians and grow whatever we can in our garden. Of course, we cannot grow such things as rice and tofu, so we do need to go shopping. Have I missed anything? I know this is not a lot of money - I forgot to mention that we have $60,000 in cash assets that are not retirement funds, in addition to the $5,000+ that is in the account I use to pay property taxes and the $5,000 give or take that we have in checking accounts. But at my age, I don't think I need the $600,000+ that MMM states a person in their 30s would need to retire. I don't want to impoverish us, but at the same time, how much is enough for people who are close to retirement and don't plan any expensive habits such as fancy vacations?