This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. At age 29, your 401(k) balance may not be all that ...
Comparing your balance to the average and median figures can help you see where you stand. However, it's more important to calculate your retirement needs than to rely solely on comparisons.
Your crucial retirement number isn’t the balance of your 401 (k). It’s the percentage of pre‑retirement pay that your total income sources will replace, after taxes.
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