The amount of money you should save for retirement every year depends on various factors such as your income, expenses, financial goals, and retirement plans. However, a general guideline is to save at least 10-15% of your annual income for retirement. Therefore, option c, saving over 20% of your income, would be a suitable answer. However, it is important to evaluate your own financial situation and consult with a financial advisor to determine the appropriate amount for your retirement savings.
