How much money should I save for retirement

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asked Apr 6, 2017 in Other-Finance by Raydien (180 points)
How much money should I put away for retirement?

1 Answer

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answered Apr 6, 2017 by ADAd (210 points)
I recommend putting at least $300.00 per month into a savings account at the bare minimum. $1,000.00 per month is even better if you can afford to put that much into retirement savings.

$1,000.00 per month would equate to $360,000.00 in your retirement fund over a 30 year period.

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