1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A lot depends upon when you plan to retire and the standard of living you want to have at that point. However, if it helps some research recently points to a savings rate of about 9% to 16% as being a figure that should bring you the retirement you would expect. Please notice that a 401K might be a part but not necessarily that entire savings program.
    Answered on October 29, 2014
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