It's good to have a goal in mind when saving for retirement. But how do you work out the amount to save to reach an income goal? We delve into the factors that determine the amount we need to save. What Else PensionCraft Offers: 💡 Become a pensioncraft.com member and learn how to be a better investor. To find what we offer and how you can join our friendly community click here https://www.pensioncraft.com/investor-education/membership/ ❓ Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: https://pensioncraft.com/power-hour/ 📰 Sign up for our free weekly market roundup to get news and views about what's going on in the stock market and wider economy https://pensioncraft.com/market-roundup/ 📖 Understand investment in more depth with my online courses https://pensioncraft.com/courses-we-offer/ Where Else You Can Find Me 🎧You can check out my weekly podcast all about investing here https://many-happy-returns.captivate.fm/listen 🌐 Website - https://pensioncraft.com/ 📱 Twitter - https://twitter.com/PensionCraft 👨 Facebook - https://www.facebook.com/pensioncraft/ 🔗 Linkedin - https://www.linkedin.com/company/pensioncraft Tools I Use To Create My Videos ✔️ My primary data source is SharePad and an affiliate link for this is here https://sharescope.co.uk/pensioncraftsp (This link provides new users with a special offer and gives me a small commission) The rest of the tools I use are free open source software: ✔️ ggplot2 package in R for my plots ✔️ RStudio to edit and run R code ✔️ OBS to record my videos and live streams ✔️ Kdenlive to edit my videos Take A Look At Some Of My Other Videos & Playlists 📹 Investment Strategies playlist    • Investment Strategies   📹 Economy & Investing playlist    • Economy And Investing   📹 Behavioural Investing playlist    • Behavioural Investment   📹 Investing Strategies From Beginners To Advanced video https://www.youtube.com/watch?v=IY86PS2ow74 DISCLAIMER All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results. #PensionCraft #HowMuchToSaveForRetirement #FinancialLiteracy