How Much Should You Save for Retirement?

Saving Coins for Retirement in Jar


Economists have been sounding alarm bells about the precarity of social security and pension plans for years now. The uncertainty surrounding old-age payouts is part of the reason financial planners tend to stress the importance of saving for retirement. But how much is enough, and how can you reach your savings goals without upending your regular budget?

Let’s break this down.

Jim Greene

Jim Greene

Jim Greene is a freelance writer based in the Toronto, Canada area. He has been writing professionally since 2001 and has an extensive professional background in consumer research, personal finance and economics.