MT Week - How much money do you need to retire?

Retirement can feel like a long way off, especially when you’re in your 20s or 30s.

But as the experts always say, the sooner you start planning, the better off you will be.

Before you start retirement planning though, it’s helpful to know how much money you’ll actually need when you retire so you can properly budget for it.

After all, you want to be able to enjoy the fruits of your labour while you’re still young rather than saving it all for retirement.

So how much money do you need to retire? Well, it depends on the lifestyle you’re after.