Graphic: How Much Salary Do You Need to Save for Retirement By Year

The image is a line graph indicating that salary for retirement you will need to reach your ideal retirement savings plan. The image shows Yearly Salary Saved on the y axis, in percentages and years needed on the x axis, in increments of ten.

The years needed axis begins at zero and ends at sixty, therefore it is assumed that the age of retirement for this chart is sixty.

The number of years needed decrease in proportion to the amount of money saved. A person who saves twelve per cent of their annual salary, for example, must save for a total of forty per cent to reach their goal.

A person who saves less, will take fifty years or more to reach their retirement savings goal.