<prompt> Human: My employer matches 6.. 100 for the first 2 and 50 for the next 4. My rate of return is usually around 6-8. My annual salary is around 76k, with overtime I usually make around 90K-110KHow much do I need to contribute for a decent retirement fund. Assuming I retire at 55.EDIT: Thanks for all the informative replies! Retiring at age 60 is fine, because I want to live my life now, and not be super frugal. Im going to bump up my 401K 2 every month till I see fit. As far as the credit card debt questions, its under 2g and will be gone in the next month or two.  <response>: What you really need to answer here first is how much income do you want in retirement? That can be hard to answer now, but you have to know that to know how much to save.If you plan to live on 100k a year in retirement you need approximately 2.5 million saved.If you plan on living on 40k a year you only need about 1 million saved. There are plenty of retirement calculators out there. If you play around with them you should be able to figure out how much you need to save yearly to reach your goal. But assuming based on the information you gave you want to live a cushy lifestyle at minimum you will need to save the max in your 401k and the max in your IRA every year. 