The average 401(k) balance for 70-year-olds offers a benchmark, but real retirement readiness depends on income sources, ...
Even the youngest Gen Xers (born 1965 to 1980) have been in the workforce for decades. That has given them much more time to ...
Millennials average 401(k) balance is $67,300, far below Gen X and boomers. Median savings are only $65,000, showing many lag ...
Millennials have an average of $67,300 in their 401(k)s—but is that enough? Here's how your savings stack up and what you can ...
Saving well for retirement could help you avoid financial stress. Data shows that older Americans don't have all that much money saved in their 401(k)s. With the right strategy, you can save well ...
Retirement accounts clawed back much of what was lost while highlighting how deeply policy shifts can hit workers’ savings.
Retirement savings balances grow as people age but level out after about 55. Baby boomers currently have the most money socked away for retirement. It's hard to know exactly how much you need to save ...
The amount you have saved in your 401(k) can depend as much on where you live as on how much you earn. Economic factors like wages, cost of living, and employment opportunities shape how well ...
During the third quarter of the year, 401(k) balances rose substantially from the previous quarter. Stock market gains were a likely contributor. There are steps you can take to boost your 401(k) ...
Fidelity Investments says the average balance of its 401(k) plan accounts rose to a record high of $84,300 at the end of the third quarter. That is an increase of 11.1% from last year, according to ...
A large portion of employees withdraw their entire 401(k) balance when they leave a job rather than rolling it over to their new employer or another account, Vanguard found.