Definatly not. That would amount to $25,000 a year. We're on the right track, just still in the slow lane. Making new solutions to old problems is especially difficult for us novices. Maybe a million is too much? Would opinions changed if it was half a mil?
I've always considered a perfect retirement as 1/3 of what you make in a year. Because you work for 40 years and need to make another 20 years without working. The trick is that most people can't make it on 2/3 salary now. Not with insurance rates high as Colorado. As it is now, I'm giving up 30% off the top in taxes and insurance. So I'm basically living off of 2/3 salary already. And without a 401k, I would have to depend on the Gov't for retirement. Not a good forecast for prosperity of the elderly in this the greatest country in the world.