how much money do you need per month in retirement?
Depending on the size of your income from Social Security, pension, or part-time work, the number of $240,000 multiples will vary. The rule itself won't vary; the 1,000 Bucks-a-Month rule is a rule that is constant. For every $1,000 you want each month in retirement, it's imperative you save at least $240,000.