How to Save for Retirement

Squeaky Sauce, you should start playing around with the numbers of knowing what you're actually saving for. This probably is a step 8, meaning you've got to get to 25% of your gross income before you go Start patting yourself on the back and rewarding yourself with a nicer car. If you are 45-50 years of age, as you think you're going to leave because you're in this hyper-income situation, then you'd probably need to be saving 40 to even beyond.