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How much money do I need to retire?

Researchers at medalerthelp.org have created this infographic covering money and retirement. In it, they answer the following questions:

  • How long can you expect to enjoy retirement?

  • How much money do you really need to retire?

  • Will a million dollars last long enough?

  • What are the new retirement savings targets experts recommend?

  • How much money should you have saved by the time you turn 30, 40, 50, 60, and on the day you retire?

  • What is the “multiply by 25 rule” and the “4% retirement rule?”

  • What percentage of your salary should you set aside?

  • How does the American nest egg reality compare to the recommendations?

  • What are the actual retirement savings balances and contribution rates?

  • What are the differences between 401(k), Roth 401(k), IRA, and Roth IRA retirement plans?

  • What are the best places to retire in the US and overseas?

Take a look below.