At 40, you still have a few decades of retirement savings to go, which means you don't (necessarily) need to be concerned over every little detail of your retirement lifestyle. In other words, while you're still relatively young, you can probably get by with a rough estimate of your future personal finance needs when evaluating your current investment and savings accounts. A simple, but very generalized, rule of thumb that some experts use says savings equal to 10 times your pre-retirement income will allow you to retire at the age of 67 without changing your lifestyle.
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