<prompt> Human: My wife and I are both ER docs, so while we arent millionaires, by any stretch of the imagination especially with 600,000 in med school loans, we are making pretty comfortable salaries. So we plan to put 54,000 in our SEP and 6000 in our HSA every year. So basically I put away 60,000 into long term savings every year.My financial advisor says this wont be enough for when we retire. Im thinking of retiring in my early 60s.I just find this hard to believe. At 4-6 growth over 25-30 years, will I really need MORE in savings?!  <response>: Your advisor is saying this because of the lifestyle a family of 2 working doctors tends to live. After you pay off your debts youll probably make over half a million a year combined income, and even more it you guys advance thru your hospitals into administration or chief positions. Youll live a lifestyle that accompanies that and then when you retire, 60kyr over the last 30 wont support the same lifestyle. What he doesnt know though is what you do with the rest of your income. If you invest a good chunk of it in a traditional brokerage account separate of retirement, youll still have enough money to retire and support your lifestyle, it just wont be tax advantaged retirement savings. He might be assuming that 60kyr is your total planned savings rate in which case it definitely is not enough. If you make 500kyr but spend 300k, thats a tough lifestyle to sustain in retirement with only 60kyr in savings. If you make 500kyr but spend only 100k, saving everything else, now youre gonna be in a much better position. 