How are you funding your retirement? I've been trying to figure out the best way to raise cash fast over the next 30 years for a decent retirement fund so I'm not retiring on my kids dime or eating Ramen til I die. So I finally got around to playing with some retirement numbers today. It looks like I'm going to have to pump in a lot more cash than I thought to even make a few years of decent near-current-salary money. It's funny, when you don't pay any attention to these numbers and some guy is in your house selling you insurance and wants to help you invest, somehow he comes up with "x million dollars when you retire" by me only investing a few dollars a month under his company's management. By my figures, my 401k won't even hit 1 million by the time I retire, and that's with a significant contribution from me and my employer. I know my expenses will be significantly lower then, but if I hope to live to 90 (and modern medicine is predicting longer I think) and retire at 60, that's 30 years I have to stretch out that couple years salary worth of retirement funds. I could live cheap and just off the interest I guess, but that's if the market stays consistent and up during that period. I'm counting on long term gains, using 7% as my interest figure (from the S&P500 inflation adjusted past 70 year performance). If the market flounders around for a couple years while I'm retired, which it's bound to, I'm dipping into the actual funds, which may also be losing value at that time. This is aggravating... I was trying to justify and console myself for not buying any real estate in the past and not planning to any time soon, but it looks like that's going to be my best option. I don't know how many times I heard people telling me to save money when I was younger and I didn't bother. I was having too much fun buying beer and pouring cash into my car (which got wrecked and only returned $2000 from insurance anyway). I think I was deceived by my parents lack of saving, misunderstanding that they had real estate holdings that they're now (barely) living off of. If I started saving when I was 15, when I started working, even just $10 a month, I'd feel much better about retirement than I do right now. Now I'm 29 and I'm seeing myself cut my take-home money that I'm used to living on to fund retirement, and it still won't be much when I get there.