How Much Should I Save For Retirement By 40? 
That is a great question ! You are very wise to be focused on accomplishing a goal for your retirement , and for setting an early goal . It is very difficult to give you a number that works for you though , without having a lot more detail about where you are in the process now . Are you 40 next year ? Realistically , that number would be different from what it would be if you are 25 next year . I also have no idea of your expenses , spending habits , medical needs , etc. . A good rule of thumb ? Have 8-10 times your current salary put away if you want to live your current lifestyle . I 'd also advise to have some type of hedge against long term care costs , as statistics show 70 % of Senior Citizens will require it at some point , and those costs have wrecked many a retirement fund that would have been fine otherwise . Pleas contact an advisor who can look at your situation , and give you some tailored advice . Thanks for asking ! 