Retirement Daily's Bob Powell sits down with Meghan Murphy the vice president of Thought Leadership at Fidelity Investments to discuss Fidelity's recently released rules of thumb on retirement savings guidelines for workers in six major countries and regions.

If you're saving for retirement in Japan or the United Kingdom, we have good news for you. You need only accumulate seven times your final salary to fund your desired standard of living in retirement. By contrast, if you're saving for your golden years in the U.S., Germany or Canada, you'd need 10 times your final salary in your nest egg and if you work in Hong Kong, you'd need 12 times your final salary set aside, according to Fidelity.

Listen to the full podcast for more guidelines on retirement savings from Fidelity Investments. 

Retirement is coming. It's never too early -- or too late -- to plan, save and invest for the retirement you want and deserve. Let TheStreet's new premium subscription newsletter, Retirement Daily, give you the insider's edge on how to maximize and protect your most important investment, your retirement savings. Learn more about Retirement Daily and get a free trial subscription.

More from Video

If You Want to Invest in Artificial Intelligence, Here's the One Stock to Buy

If You Want to Invest in Artificial Intelligence, Here's the One Stock to Buy

Economist Perspective: Brexit Endgame in Sight?

Economist Perspective: Brexit Endgame in Sight?

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

5 Highly Anticipated Tech IPOs to Watch in 2019

5 Highly Anticipated Tech IPOs to Watch in 2019

Trading Strategies: How to Play the Federal Reserve's Decision Next Week

Trading Strategies: How to Play the Federal Reserve's Decision Next Week