The average person nearing retirement age has nearly $245,000 in a 401(k). There are a few caveats to keep in mind. The average person doesn’t have enough for a comfortable retirement.

Health Centers Near Me analyzed Bureau of Labor Statistics data to explore why more older Americans are in the workforce now ...

The average age at which men in the U.S. retire had been rising steadily since the 1990s, but it’s finally leveling off. Even ...

Per the Schroders 2024 U.S. Retirement Survey, 43% of pre-retirees plan to start Social Security before age 67, and only 10% ...

In summary, by age 77, the average 55-year-old stands to gain between ... plus up to $763 more per month in retirement withdrawals, SmartAsset said.

I won't keep you in suspense. The average person in the 55-to-64 age group has $244,750 in a 401(k), according to the 2024 edition of Vanguard's How America Saves report. With that in mind ...