How Much Should I Have Saved for Retirement by Age 50?
Curious about How Much Should I Have Saved for Retirement by Age 50? Read comprehensive breakdown here.
The average 401(k) balance is $129,157, according to Vanguard's 2021 analysis of over 5 million plans. But most people don't have that much saved for retirement. The median 401(k) balance is significantly lower at $33,472, more reflective of how most Americans save for retirement.
Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.
