How much do you need to save for a comfortable retirement? Some key elements will help you decide:

* Your current income: Some studies have concluded that the typical retiree will need 85 percent of current income for a comfortable retirement. Thus, someone making $100,000 a year might need $85,000 in retirement. At a $60,000 salary, $51,000 in retirement income could be necessary.

* Your planned retirement age. If you plan to retire at 60, you will have more years without a paycheck than someone who retires at 65. Therefore, you will need more savings.

* Your current age. The younger you are, you may have more years until retirement and your income is likely to grow more. Assume, for example, that your income will grow by 3 percent per year. Say you are now 60 with income of $60,000. By age 65, your income will be about $70,000, so you might need $60,000 in annual income if you retire then.

However, if you are now 50, with a $60,000 income, you could be earning $90,000 at age 65. If you want to retire then on 85 percent of your income, you’d need over $75,000 a year.

Some of that money will come from Social Security and, for many federal workers, from a pension. The rest will have to come from your savings.