Can you tell me:
– only half of my net worth is retirement. I have a bunch in 529s and some in other non-retirment investments. Shouldn’t I only divide my retirement savings by annual spending?
– About that “annual spending”: this should not include any annual savings (again, 529s and non 401k monthly investments), right?
– Are you really saying that when I’m 40, my retirement investments should be yielding 50% of my annual spending?
