Remember - you are 64 years old and about to retire! You need $ a month for your lifestyle. How much is that a year? How much money do you have to have saved up to be able to take out $ (same amount) every month when you are retired? It could easilly be over $1,000,000 (one million)!! Maybe two million! Once you know how much you will need to get your monthly expenses covered in retirement, calculate how many years (savings calculator) will it take to save that much? How much a month (or a week) do you need to save