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With only $192,000 saved, should I retire or not?

I have been putting away $100 a week for 40 years in a safe. I have now $192,000 saved. I have worked the same job for 40 years but now I am being forced to retire. I am only 54 years old. With only $192,000 saved, should I retire or not? I was thinking I was doing good saving that much every payday for so long, but my friends said it is not near enough.

Retirement, Retirement Savings
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June 2018

Don't retire.  Find another job doing what you like to do and be productive.  Remember, "happy" beats "money" although it takes at least some money to be happy.  You have to eat and live.  54-year-olds in retirement will burn through money pretty fast unless they live in a cold-water shack and don't eat.   Your friends are right, 192k in our day won't go far.

June 2018
June 2018
June 2018
June 2018