Here’s how much money Americans in their 30s have in their 401(k)s

The answer to this is highly personal and depends on your lifestyle, expenses and spending habits, but there are a few basic guidelines to follow if you want to retire comfortably.

Some experts, including co-founder of AE Wealth Management David Bach, say that if you set aside at least 10% of your income, you’ll be fine. More is always better: Bach says that if you want to retire “rich,” save 15-20% and, if you want to retire early, save 20% or more.

Fidelity recommends saving 15%, and that amount includes contributions from your paycheck as well as any contributions from your company.

If you can’t save 15% right away, “make sure that you’re saving at least enough to get the full match that your employer offers,” Katie Taylor, vice president of thought leadership at Fidelity Investments, tells CNBC Make It. Then, “make a commitment to yourself that you’re going to increase your contribution by 1-2% every year until you get there,” she says, adding: “Getting started early at any amount is always a great idea.”

Ultimately, everyone’s scenario is different. If you’re getting a later start on saving, you may have to save more to catch up. In a 2018 report, the Stanford Center on Longevity determined that if you want to retire by age 65, you should be setting aside 10-17% of your income if you start saving as early as age 25. But if you wait until 35 to start, you have to save 15-20%.

To help you figure out the right amount to fund your retirement, try using a retirement calculator.

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