How Much Should I Be Saving for Retirement?
The amount you should save for retirement depends on the lifestyle you want to have, and what your sources of income are to support that lifestyle.
Most educators retire at around age 63 and live long lives in retirement. This means you could easily live 20 to 30 years after you stop working.
Experts recommend you'll need at least 80% of your pre-retirement income every year.
How much income will I need?
Most educators retire at around age 63, and are living long lives in retirement. This means you could easily live 20 to 30 years after you stop working.
Experts recommend you’ll need at least 80% of your pre-retirement income every year.