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The amount you need in retirement is roughly proportional to how much you spend while working, so that if you save 15% of your gross salary throughout your care
by anotherman554 5y ago
The amount you need in retirement is roughly proportional to how much you spend while working, so that if you save 15% of your gross salary throughout your career and invest it in stock, you should be able to retire by 65 and maintain a similar lifestyle in retirement to what you lived while working. The salary is not what matters, it is the savings rate.