How much money do you need to have saved to retire at 62?

How much money do you need to have saved to retire at 62? Conventional wisdom, according to AARP, suggests that you should aim to have a nest egg of $1 million to $1.5 million, or savings that amount to 10-12 times your current income.

Conventional wisdom, according to AARP, suggests that you should aim to have a nest egg of $1 million to $1.5 million, or savings that amount to 10-12 times your current income.