Have you ever wondered how your 401k balance stacks up against the rest of the population? If you’re a devout saver, you may be surprised to find out just what the current average retirement savings for most Americans actually are. I first became somewhat curious about my own pace against those of other people after reading the book Your Money Ratios. The book offers you some suggested milestones for where you should be at with your savings given different age levels. In case you want to know but are too scared to “look under the bed”, your 401k balance is probably doing a lot better this year than you think. Despite some of the choppy financial news for this month, 2013 has been a pretty favorable year overall for the market on … [Read more...] about How Do You Compare to the Average Retirement Savings of Other Americans?
My Money Design
Designing Financial Freedom
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