I’m 69 and only have $121,000 in my 401(k). How can I repair the damage of the past?
Dear Quentin, I am 69 and have been working for the same company for 45 years. I have a pension of $250,000. My company was ...
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Too Little, Too Late? The Reality of Millennials Trying to Catch Up on Retirement Savings
If you’re anyone who is starting to think about retirement, there is every reason to start planning as early as possible. In ...
3 Reasons to Choose a Roth 401(k) for Your Retirement Savings in 2025
Many Americans are woefully unprepared for retirement. An estimated 20% of those 50 and over have nothing saved for ...
Benefits Pro19h
401(k) balances hit near-record high in 2024
The average 401 (k) retirement balance was $131,700 as of the fourth quarter of 2024. Although average retirement balances ...
I’m 59 with just $42,000 in my 401(k), $77,000 in student loans, and no property — after a lifetime of steady work and past struggles, is my retirement doomed?
When you are 59, you are getting very close to retirement age. Fidelity says you should aim to have eight times your salary ...
This Is the Average 401(k) Balance for Americans Earning $50K to $75K per Year
Among those earning $50,000 to $74,999 per year, the average 401 (k) balance is $59,273. The median sits significantly lower ...