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Markets · Investing · Business
Finance
Is Your 401(k) Balance Higher or Lower Than the Average 40-Year-Old's? Here's How to Find Out.
You may be curious as to how your savings stack up.
By the time you turn 40, you've hopefully made some progress on retirement savings. But you may be wondering if you're saving enough.
The reality is that comparing your retirement savings balance to the average person your age isn't the most useful exercise. That's because everyone's financial needs are different, And the balance you need to live comfortably during your senior years may be higher or lower than what the typical retiree requires.
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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.
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