Money Guy Show cover image

Average 401(k) Balance By Age (2022 Edition): Are You Behind?

Money Guy Show

00:00

The Wealth Multiplyer - The Power of Your Dollars

One dollar can still turn over seven times by the time you get to age 65. Average four o one k balance for a 55 year old in america is 135 thousand, 777 dollars. Four % rule says you can comfortably take out up to four % per year at retirement without worrying about running out of money. When the market goes down, so does your money. Ifo if you don't believe us, go to our web siht, go to mudy guy dot com.

Play episode from 43:41
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app