My wife & I are both retired now. We're by no means wealthy. I guess you might say we're "comfortable". We actually live day-to-day on our Social Security with money left over. We frequently hear on TV about how you have to have a million dollars in the bank in order to retire! And perhaps that's necessary if a person wants to travel the world & eat at fancy restaurants, shop expensive stores, etc. But we live a simple uncomplicated lifestyle on really very little money.