You are currently 33 , have a salary of $81,000 , and have saved $57,000 in your 401( k ) . Your employer will match 100 % of your contributions up to 4 % of your salary .

If you want to retire with 1.9 million at the age of 68 , and anticipate a 7 % annual return on your assets what fraction of your salary do you need to save annually?