Comparing your balance to the average and median figures can help you see where you stand. However, it's more important to calculate your retirement needs than to rely solely on comparisons.

The average 401(k) balance between the ages of 45 and 54 is about $189,000, according to Vanguard. How do your savings ...

We'll examine what the data shows about the average (and median) 401(k) balance for 55-year-olds, and then walk through actionable strategies to boost your retirement savings in the next decade. There ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up contributions and Health Savings Accounts (HSAs).

See how your savings stack up against typical Americans your age—and discover smart strategies for strengthening your ...

Retirement savings balances grow as people age but level out after about 55. Baby boomers currently have the most money socked away for retirement. It's hard to know exactly how much you need to save ...

Find out what you can save by waiting.

Age 55 is highlighted as a pivotal point for considering early retirement and associated financial strategies. Roth conversion strategies can enhance tax efficiency when retiring early, especially ...

It's hard to know how much savings you'll need in retirement. The age at which you can start taking distributions is generally 59 1/2. Below that age, some people might still qualify for a hardship ...