I can't imagine leaving the workforce with 250k. No wonder the boomers are burning through their retirement funds.
I can't imagine leaving the workforce with 250k. No wonder the boomers are burning through their retirement funds.
Not that a million dollars is nearly as much as it used to be.
Archive: https://archive.today/umDNp
From the post:
>Becoming a 401(k) millionaire is the retirement dream for many Americans. However, many do not come even close to this figure with the the average workplace-retirement account for clients aged 65 or older sitting at only $272,588, according to pension provider Vanguard. Indeed, even the median balance is much smaller, at $88,488, showing how much the largest accounts can skew the average higher.
Not that a million dollars is nearly as much as it used to be.
Archive: https://archive.today/umDNp
From the post:
>>Becoming a 401(k) millionaire is the retirement dream for many Americans.
However, many do not come even close to this figure with the the average workplace-retirement account for clients aged 65 or older sitting at only $272,588, according to pension provider Vanguard.
Indeed, even the median balance is much smaller, at $88,488, showing how much the largest accounts can skew the average higher.
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