Want to Retire at 62 With $2 Million? Here's How Much You'll Need to Save Each Month

Retiring a millionaire may seem like a lofty goal, but considering the average American expects to need approximately $1.9 million to afford retirement, according to a survey from Charles Schwab, you may need to reach millionaire-status to enjoy your senior years comfortably. Here's how much you'd need to save each month to reach that target, depending on the age you began saving. The earlier you begin saving, the less you'll need to save each month to build a robust nest egg.