<prompt> Human: ... As sort of a benchmark to know that youre on track to retire. Would that include your pension? Im 27 next month and by the time Im 35 Ill be making about 100,000 a year.Does this mean I should be socking away mass amounts of money or would my pension be included in that number.  <response>: Retirement is a big topic, but most of the conventional wisdom you see is very over simplified. Your income doesnt matter, its how much you spend that matters. If you spent 10k a year, you wouldnt need very much to retire even if you made 10 million a year. Think about it. If you had 100k saved youd meet this rule, but if you suddenly got a raise to 300k a year you wouldnt say Dang, now Im not even close to retiring. 