I'm sure this will turn into a cock-off pretty quickly, but I thought I'd get some opinions.
For a married couple (who intend to stay married), what kind of monthly income in todays dollars would you be planning for in retirement?
Based on the pattern I've seen from some retired family members, there's a short period of active travel, but then a much longer period of relatively low expenditures. I guess you need to average that out somehow.
For a data point, my financial advisor told me to target around $10k/mo for the two of us. Seems like a hell of a lot of money for two people that won't be paying much for taxes, and won't have much for expenditures on mortgage, kids etc. Now clearly, financial advisors are motivated to get you to save more, so you can purchase more investments from them. I get how that game works.
So, finance wizards of beyond, what does a married couple require in retirement for monthly income?