Re: Young family with preschool kids
Whatever this hypothetical young couple spent in the last six months multiplied by 50 would be enough for them to retire now according to most on this board.
If they want to retire in 20 years, then should multiply by at least 90 instead (to account for inflation between now and then).
Trying to compare your required nest egg size to anyone else's is not a good direction to head, IMHO.
P.S. -- If it were me, which it's not, as I am slightly older and have one more child, that figure would be larger than the example figures you suggested. But that's just me.