Here's How Much You Should Save for Retirement Based on Your Salary
Saving for retirement can be tricky, especially since it's tough to tell just how much you need to save. Your savings goals will depend on several factors, including your current age, the age you plan to retire, and how much you expect to spend each year in retirement.
Furthermore, because everyone has different savings goals, you can't necessarily compare your numbers with those of your neighbor or co-worker to see whether you're on track. But new research reveals there may be an easier way to tell how much you should be saving based on your age and salary.
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Source Fool.com
