The amount you need to retire depends on your expected lifestyle, monthly expenses, healthcare costs, life expectancy, and the income sources available to you — including Social Security, pension benefits, and investment accounts. A commonly referenced guideline is saving 10 to 12 times your annual income by retirement, but this varies significantly based on your individual situation. The most reliable way to determine your retirement number is to build a personalized retirement income plan that models your specific income sources, spending needs, and tax situation. We can help you build that plan and understand exactly where you stand.