As I save, then invest (and then reinvest), I asked myself how much exactly do I need for my retirement. How much is it necessary for retirement in general? Is there a magic number? If you ask yourself the question now, how much money do you think you need to retire? Is it S$1M, 2M, or 5M? I believe the magic number really depends on the type of financial level you would like to achieve. The financial level will also depend on the lifestyle you would like to maintain during your retirement. I remember reading Adam Khoo's Secret of Self Made Millionaires which he articulated 4 levels of wealth. Read: Four Levels of Wealth - Where are you at? Many would be familiar with the various terms like Financial Security, Financial Freedom. Financial Independence, Financial Abundance, Absolute Financial Freedom etc. There are just too many terms trying to differentiate the ...