I agree with you completely. I view my current income as almost irrelevant when it comes to determining how much of a retirement nest egg I need to have.
My approach is to actually contemplate what retirement looks like and develop a budget based on that to determine what our expenses will be, and subsequently how much income will be required to support that lifestyle.
My approach is to actually contemplate what retirement looks like and develop a budget based on that to determine what our expenses will be, and subsequently how much income will be required to support that lifestyle.