Allow an old man to offer some free advice. I was younger than both of you when I saw several family members die before they could retire. I pledged not to let that happen to me if I could avoid it. I decided that I wanted to retire by age 50 so I'd have (hopefully) a dozen or so years left to enjoy hunting, fishing, gun dawgs, golf and family, full time. I was 22 at the time. It's simple math from there. In my case I set a goal of having a home free and clear, cars and toys paid for, no personal debt and 1 million or more in cash in the bank and/or investments. That amounted to a total of 1.2 Million (that was in 1963) I would have to accumulate in the next 28 years in order to reach my goal by age 50. 1.2 Mil divided by 28 years or $42,857 net after tax SAVED each year! Yikes! I knew that wasn't going to happen working for wages for somebody else. I didn't have a college degree, didn't marry money and wouldn't inherit any. So the choice was made for me. Work twice as hard as the next guy, learn everything possible about the business that I was in for not more than 10 more years and then start my own business ... and work even harder. I did just that. 27 years later I sold the business I had started and ended up retiring at age 49. I worked very hard. I was very lucky. I noticed along the way that "the harder I worked, the luckier I got."