55% of Americans Have Less Than $10,000 Saved For Retirement, 34% Have Zero

30 years from now. You could be done working, spending your days playing tennis, reading books, and enjoying time with your grandchildren.

Or you could still be working full time, exhausted at the end of the day, wishing you’d made different decisions when you were younger.

For the majority of Americans, the latter is more likely. That’s because 55% have less than $10,000 saved for retirement and 34% don’t have any retirement savings at all, according to a GOBankingRates survey.

If you don’t want to end up as part of that statistic, you have to start planning now.

How much money do I need to retire? With all the different rules and calculations out there, it can be tough to figure out how much money you should save for retirement.

Here are four strategies that will help you answer the question “How much money do I need to retire?”

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