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

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The Big Idea for Men in the Twenties

If you can save 25 %, you'll be able to replace 80% of your income by the time that you get to age 58. I would continue tributing to your employer foran k up to the 20 thousand, 500 dollar limit. Doing a rothi ray gives you a good post tax benefit, meaning any gain on your vesdie. He's going to rit ite besand very familiar, thousand dollars, which is the maximum per year to the rothie rate.

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