<prompt> Human: Im 31 and my wife is 25 years old. I make about 60k a year, wife makes 35k. We live in Florida, we have no kids and we plan on eventually getting nice cars and a big home. Right now we have 1 car payment of 300 , my car is paid for , and a 800month mortgage. No CC debt or student loans. We dont want to ever have kids, we just want to be comfortable and not stress paying bills. I used a website to project how much money Id have in my 401k in 30 years with my company matching 3 of my salary and it showed roughly 500k on a conservative return. Thats not including what my wife will save in her 401k although it wont be as much as mine. Is that enough to retire on when youre in your 60s? I dont know how much I will use when I get old, and I have no way of telling if Ill be dead when im 65 or if Ill live to be 100. We would put more aside for retirement if we have to, but we dont want to always be super frugal in life, especially if we dont have any kids and we both work good jobs. I guess what Im asking is whats the minimum amount for retirement without being entirely too risky. Any advice is appreciated.  <response>: It depends on a at what age you want to retire, and b what kind of lifestyle you want to retire with.500K and retiring at 65 would likely be a pretty frugal retirement think 20K year income, so it might limit your ability to travel and such. But it should be enough to get by. Though of course you will have your wifes retirement funds as well.And as a side note, why are you set on getting a big home when you dont ever want to have kids? Big homes are expensive. Maintenance, utilities are all pricier, not to even mention higher purchase price up front. Id take a nice smaller home any day if its just me and the wife. 