I think it is different for each individual. There are formulae out there, but it really depends on what you want to do when you retire and where you want live.
The problem is that the things you want to do when you are younger are usually not the things you want to do when you are older so it is hard to anticipate and plan.
But I suppose that the more income you have the more options there are.
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@Acer
I think it is different for each individual. There are formulae out there, but it really depends on what you want to do when you retire and where you want live.
The problem is that the things you want to do when you are younger are usually not the things you want to do when you are older so it is hard to anticipate and plan.
But I suppose that the more income you have the more options there are.