Is Saving 10% of Your Salary Enough for Retirement?

Kailey Hagen, The Motley Fool
·5 min read
Is Saving 10% of Your Salary Enough for Retirement?

Saving for retirement would be a lot less complicated if we could rely on a standard rule, like saving 10% of our annual income, but unfortunately, it's not that simple. There are several factors that determine how much you must save annually for retirement, and while 10% may be enough for some people, it won't be for others. Everyone's retirement will be different, so how much you must save is unique as well.