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How Much Will You Spend in Retirement?

Retirement Readiness Bootcamp Part 1: We lay out how to estimate the percentage of your salary you'll need to generate each year in retirement.

Jeremy Glaser: Good morning, and welcome to Morningstar's Retirement Readiness Bootcamp. I'm Jeremy Glaser, and throughout today we're going to assess your retirement readiness and answer the question, "Are you ready to retire?" I'll be joined by some experts here in the studio, and we'll also hear from some of the best thinkers in retirement today.

Before we get started, a few quick housekeeping notes. First off, we want to hear from you. So, please ask your questions by submitting them through the player and also join the conversation on social media with #RetireFit on Twitter and Facebook.