If You've Saved This Much for Retirement by Age 60, You're Ahead of the Game
The average-sized nest egg for this cohort may be bigger than you think.
Overview
How do your retirement savings compare to everyone else's? Your age obviously has a lot to do with it. Older investors have had more time to tuck some money away, and to grow what they're saving. Even within peer groups, though, there's a wide range of numbers.
Yet, they all contribute to an overall average amount, and produce a median -- or midpoint -- figure.
Details
Where does the average 60-year-old stand these days in terms of retirement savings?
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.