Average 401(k) Balance By Age (2022 Edition): Are You Behind?
Money Guy Show
00:00
Your Future Self Will Thank You
The average four o one k balance for someone in their twenties is just under 20 thousand dollars. Most people are only saving about a third of what we recommend. If your goal is to have financial independence, and to have it as earlyas possible, we think you should aspire to save 20 to 25 % of your gross income.
Play episode from 26:42
Transcript
