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I am hoping that this "allocation" of monies would be a combined allocation (as in a salary) that you both use for your day-to-day living expenses/holidays etc. LOL! I am sitting here literally in histerics. Sheesh! Hubby "allocating" me any money would really be a sight to see. He...

I understand that, however, are you planning on spending what the average retiree spends? I know I'm not.:D

See, I disagree! They may not NEED $100k to survive, but they may NEED $100k for they lifestyle they desire. And what the general population are spending in retirement IMHO is not my idea of a goal. If it was, I wouldn't be investing.

Isn't it interesting to see how we all have a different perception of what this important milestone is? The majority of people look to this figure with envy and day dream about all the things they could do with $1m. They dream of the millionaire lifestyle and the truth is that if you are...

I had an interesting conversation with my daughter. We were discussing money and I asked, from her perspective, what would define someone as being a millionaire. At first she said, "I dunno? Someone that has millions of dollars in the bank?" I said, OK, but what if they didn't? and gave some...