That's a sad way to think about life. Back of the envelope math says I can be pretty happy with way less than that, different standards and all I suppose.
Are you aware of how much elderly healthcare and care in general costs?
The average cost of a private room in a elderly care facility in the present is about 90k/year.
My standards are about not dying because I can't afford to pay for my prescriptions.
I don't know what the inflation rate is between now and 65 years old... and I hope to live for 20 years after that. Assuming you're 50, that's 35 years of inflation which is right about a halving in value at 2%. So you're going to end your life with $25k/yr current equivalent and hope that SS and Medicare carry you through. Good luck.