How Much Does The Average American Need To Save For Retirement? 
That is a great question ! The easy answer is as much as you can . The more realistic answer is based upon your idea of retirement . If you want to travel , and live a life of leisure , that will cost more than if retirement means holing up somewhere and fishing the day away . Once you 've got an idea of what retirement means to you , then assess where you are now , in that journey . The difference between here and there is what you need to save . The rule of thumb is that to live at todays standard of living , you will need to have at least 8 times your current salary put away . If you want to live better than you are now , then you will need to save considerably more . If you 'd like specific numbers , contact me , and we can look at them . Thanks for asking ! 