How much do we need to save monthly for retirement, Finance Basics

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How much do we need to save monthly for retirement

Problem

If I make $135,000/year and my wife makes $72,500. how much do we need to save monthly for retirement assuming that I want to retire at the age of 70 and my wife at the age of 69. Inflation is at 3%, investment returns 7%, 80% WRR for both and we both expect to live until 95 years old.

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Finance Basics: How much do we need to save monthly for retirement

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Finance Basics: How much do we need to save monthly for retirement

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