One thing that most retirement calculators have wrong IMHO is that they assume you can live on 80% of what you now make. I find that is simply not true. More time equals more ways to spend money. Whatever you do, plan on having the same amount to spend then as you do now. Damn few folks ever said, “Boy I wish I hadn't saved so much for my retirement."

Andy will tell you this too. DO NOT buy any product that requires you to pay a commission or annual fee of more than 1%. There are lots of quality investment vehicles that do not make a salesman wealthy.

What do I know? I am old and I am living the dream, but only because I saved like a thrifty ant for 40 years, and I invested primarily in high quality, low P/E, dividend paying stocks.