The amounts that investors have saved through their 401(k)s vary widely depending on a participant's age. Fidelity said the average year-end balances were $143,300 for participants 55 and older and not yet retired; $120,400 for baby boomers born from 1946 to 1964; $59,100 for Generation Xers born from 1965 to 1978; and $15,400 for those in Generation Y, born from 1979 to 1991.In case you missed it here is CNBC's article.
Thursday, March 7, 2013
How much do you have saved for retirement?
Fidelity released this information around Valentine's Day. CNBC had the best article I read showing us the state of American's 401(k)s: