Ryan Fuhrmann, CFA, is the founder of Fuhrmann Capital LLC, a wealth management firm, and author of The Banking Industry Guide: Key Insights for Investment Professionals. He is an expert on business, investing, and personal finance. He received a bachelor’s degree in finance, investment, and banking from the University of Wisconsin–Madison and a master’s degree in business from the University of Texas at Austin. How much do you need to have saved up before you retire? The answer to that question used to be pretty straightforward.