“Save as much as you can” is a common recommendation for how much to save for retirement. While it is good advice, it could be better. Instead of an arbitrary “as much as possible” amount, your retirement savings goal should be clear and realistic. Having a firm goal allows you to create a plan, increasing your chance of actually saving.   How much do I need? But, what should your goal be? Most experts recommend you save 10-15% of your income, beginning in your 20s. Overtime, this amount will grow due to compounding. When you retire, you’ll have a lot more than simply the sum of all of your deposits.…