If You're 50 and Have More Than This Number in Your 401(k), You're Ahead of the Average
Here's how your savings stack up.
Overview
By the time you turn 50, you're hopefully in a more stable place financially than when you were younger. At that point, you may be earning a higher salary, and you may have less debt as a result.
But it's important to make sure you're on track for retirement, especially since you may only have a limited number of years left in the workforce. And part of that means assessing your 401(k) plan balance to see how you're doing.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.