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Fortune
Fortune
Kaitlyn Koterbski

UNBELIEVABLE: How much money you need saved to retire | History Defined

Photo illustration of a clock where the face is overlaid with a one hundred dollar bill. (Credit: Photo illustration by Victoria Ellis/Fortune; Original photos by Getty Images (2))

Retirement needs are highly individualized based on your desired lifestyle. For some, this could mean retiring in a condo in Florida, and for others this could mean downsizing your home to accommodate your new monthly budget.

Regardless of your unique goals, a good rule of thumb is to save enough to sustain your current lifestyle after you retire. But this amount can change depending on several factors. 

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