I don't know, we have enough, over $1.6M and a paid off house. Including SS when it comes, Firecalc says I can withdraw $70k and not have a failure. Don't think we'll ever spend that much.
My wife has no interest in retireing. I'm in a bit of a bind in that my wife and I have small business with just the two of us working. You could say I'm an integral part of the team. But I can be replaced, I'm figuring out how now. 2016 will be a year of transition.
Hmm, first time to quote myself, but this is an old thread.
I did retire (semi) at the begining of 2017, semi because
my wife still runs the business and I spend about 1 day a week
working so she can have the day off.
Since the business is still going for at least 5 more years,
it should generate enough income that we won't need to touch
our NW for that five years. We have two kids in college so,
about 1/2 our income will be going to that. I don't expect to
have any savings these 5 years, but I hope to see our NW grow,
from market increases and dividend income.
It's a little funny, when I work, it is easier than what I do
when I'm not at work, and when she is at home she works
harder then when at work. She works her garden and lawn.