Direct answer
It depends on your current age, lifestyle expectations, and projected inflation, but a common rule of thumb is to allocate at least 15% of your monthly income toward retirement-specific vehicles.
Standard retirement planning calculators verified by certified financial planner industry benchmarks. For additional information about retirement planning benchmarks, see the Pension Fund Regulatory and Development Authority‘s guidelines.
What this means for you
It depends on your current age, lifestyle expectations, and projected inflation, but a common rule of thumb is to allocate at least 15% of your monthly income toward retirement-specific vehicles.
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