How much money do you need to retire? Why advisers say there’s no magic number

By Alyssa Place, This is my expertise
Published 3 Min Read

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Employees may be looking for a magic formula for the perfect time to retire, but they’ll be hard-pressed to find it. 

“People think about retirement and they say, I want to retire at 65, or I want to make a million dollars, but they have no idea how much money they need to make,” says Denny Artache, president and CEO of financial advisory Artache Financial. “It takes planning and realistic expectations.” 

Alyssa Place
Editor-in-chief

Alyssa Place is the editor-in-chief of Employee Benefit News and has been with the team since 2019. Her work covers mental health, DEI, women at work, financial wellness, retirement and workplace … Read full bio


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