The Retirement Newsletter: What does a comfortable retirement mean?

Issue Number: -99 — How much do I need to be comfortably retired?

Photo by Josh Appel on Unsplash

Welcome

Welcome to newsletter -99 — my first negative double-digit newsletter.

I am still busy counting down the weeks until I retire — 99 to go.

This week, I am revisiting how much money I would need for a comfortable retirement. And this was all brought about by an article I read in The Telegraph in the UK — How much does a comfortable retirement really cost?

If you are not familiar with the UK daily newspapers, the best description I have heard of them came from the fictional Prime Minister, Jim Hacker, in the BBC TV series called ‘Yes Prime Minister’. The series was broadcast in the 1980s and is still relevant today. So, how did he describe the daily newspapers?

“Don’t tell me about the press. I know exactly who reads the papers. The Daily Mirror is read by people who think they run the country; The Guardian is read by people who think they ought to run the country; The Times is read by the people who actually do run the country; the Daily Mail is read by the wives of the people who run the country; the Financial Times is read by people who own the country; the Morning Star is read by…