In order to be safe in our retirement period and live cooly - it is better to have an income which is equivalent to the pre-retirement time. At the basic - 75% of the current income is a good amount for a retirement income every month. But, here is an advice from an expert in this field -
If you want a 90 percent chance of having adequate retirement income, you should save 26 percent of your income every year.
Source: Chennai Money
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