Under 35? Here's the Average Retirement Savings for People Your Age
They may be young, but many of them are off to a solid start. Even if you're not keeping pace, however, there's plenty of time to do something about it.
Overview
It's no surprise that most older workers have managed to tuck away a fair amount of money for retirement. They've had more time to save it, after all. Conversely, it's no surprise that younger people who haven't been in the workplace nearly as long have smaller retirement account balances.
But exactly how much has the average under-35-year-old actually saved up? Keep reading to find out.
Details
Take all these numbers with a grain of salt. They reflect the retirement savings of a wide range of young people, from those who have only recently entered the workforce and have had little time to save, to several thirty-somethings who have achieved rapid career success and commensurate incomes. The numerical inputs are all over the map.
Source
Originally published at www.fool.com.