How much do I have to earn today so that my pension will be that of a super grandfather tomorrow?

[jay279]

Sooner or later, every worker shares the same concern: the calculation of his future pension. The question is: How much do we have to earn to get a good pension in the future? And what will the maintenance of a good level of income depend on in retirement?

 

[Alexandoy]

In our country a good and substantial monthly pension would be about $500 which would be more than enough for 1 person and even enough for a couple. However, the government's pension plan here has a maximum of $200 monthly pension which is not really enough. To augment that amount we have to save on our own and invest it somewhere to somehow make it grow.