Dantes said:If I stay in my present career position, I will be able to retire at 55 with a full pension of about 65-70k annual income. I would also have about 500-700k in home equity and 401k. This should put me a comfortable position for spending most of the year in South America with a few months of the year with my family in the US.
Retiring with more is always better than retiring with less. But in most of the places I've been to that are great for getting laid when you are older, I would feel like I was needlessly blowing money if I spending more than around 2K a month or maybe in a few places 2.5K. 2K puts you at the level of most of their highly paid professional elite. When places get more expensive, the attitudes get worse and then you really have to up the money you have to way more than 70K per year.