How much you earn when you retire depends largely on what you have saved already and what you plan to save between now and your retirement. As a rule of thumb, the earlier you start saving, the more you will have in retirement. Here are three examples of people who all want to retire at the age of 68 and have an income of €1500 per month in retirement. They have all started saving at different stages of their life so need to save different monthly sums. A 20-year-old graduate, who is just starting to save in their very first job, would need to save €175 per month. A 43-year-old, who is just starting to save, would need to save €337 per month. A 36-year-old, who has already saved €21,000, would need to save €199 per month. Unlock the potential of your retirement income by exploring projections with our Pension Calculator.