For me,

here is my plan.

I save and invest regularly in my 401K and Roth IRA,

so that when I retire in my 60s,

I can have

$1000 per week from 401K ($52,000 per year)

$1000 per week from Roth IRA ($52,000 per year)

So for a year,

I plan to have

$52,000 (401K) + $52,00 (Roth IRA) = $104,000

What is your plan for retirement?

My plan is to invest $4K/year for the next 35 years and hopefully it will have an average compounded return of 11%/year

Maximize your 401K contribution. The law allows you up to $15K per year if you can afford putting that much aside.