A good starting benchmark is saving around 15% of your gross income for retirement, including any employer match. But the right number depends on your goal and timeline.
The 15% guideline
Many planners suggest 15% of pre-tax income. If your employer matches 3–5%, you only need to add the rest yourself.
Work backward from your goal
Decide your target nest egg (see how much you need), then use the calculator to try different monthly amounts until the projected balance reaches it.
Starting late?
If you begin in your 40s or 50s, you may need to save more aggressively and take advantage of catch-up contributions. The earlier you increase your rate, the less painful it is.
Automate and increase
Automatic contributions and raising your rate by 1% each year (often when you get a raise) are the easiest ways to hit a bigger number without feeling it.