It's normal to want to know how you stack up financially against others, especially when it comes to retirement savings.
The number may be quite different from what you expect.
Young and the Invested on MSN
Average retirement savings by age group: Are you on track or behind?
This article looks at the average retirement savings by age group.
The average 401 (k) grew 11% last year, but savings vary widely by age. American workers’ retirement nest eggs are on a strong run, with three consecutive years of double-digit annual gains.
As expected, net worth improves with age. There's one obviously important high-growth time of life, though.
If you think you know how long a retirement-age American is likely to live, try taking our one-question quiz. Most people get ...
Massachusetts leads with $150K in mean retirement savings while Mississippi sits at the bottom with just $35K saved ...
Retirement income looks very different depending on where you live. In some places, the typical retired household has enough income to comfortably cover basics plus travel and discretionary spending.
As reported on News Center 7 at 5:00, a recent study from the National Institute of Retirement Security shows that the average American worker has less than $1,000 saved for retirement. News Center ...
People who file at this earliest-possible age are seeing much smaller payments, but there's more to the story.
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