How much money will I need to retire?

The answer is as individual as snowflakes. The amount of money you will need to retire depends on many factors, such as how long you expect to live, what it costs you to live, and what factors can impact your financial longevity. It’s a simple question with a very difficult and complex answer—the number of variables is huge. The best answer is: It depends. However, don’t interpret this answer as an excuse to put planning your future to the side. In fact, it actually makes planning and the ongoing monitoring of your progress that much more important—and the uncovering of previously unknown information that much more vital.