Conventional advice tells you that, for retirement, you need $1 million to $1.5 million saved, or that you need 10 to 12 times your current annual salary.
For example, if you make $100,000 per year, you’ll need $1 million to $1.2 million saved for retirement.
Are these numbers and calculations good enough? Is there a better, more accurate way to figure out what you’ll need to save for retirement?
In this post, we’ll look into that and more.
Click on over to read the rest of the post, here.