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As most advisors know, there is no magic number for how much a client should save for retirement. Some may believe a healthy start might be $1 million, $3 million or $10 million, but the "number" varies as much as each individual client. Several factors need to be considered, not the least including what they can save, and how that fits into their future needs.

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Ginger Szala

Ginger Szala is executive managing editor of Investment Advisor magazine. She covered the financial business and alternatives industry for 30 years while editor of Futures Magazine Group. MSJ Northwestern, BA University of Wisconsin-Madison. She is based in Chicago. Go Blackhawks!