How Much Should I Really Have in My 401(k)?

The Wall Street Journal

The Best Retirement Spending Advice From Our Readers

Regarding “rules” for budgeting in retirement, I set aside $100,000 in what I call my “Stuff Happens” account. In my column, I invited readers—retired or about to be—to share with me any rules, recommendations or strategies they have developed or embraced to fine-tune their own spending and saving habits. Interestingly, almost every reader asked me to warn people approaching retirement: Your spending in retirement likely will equal, or exceed, what you’re spending while working.