This Is the Average 401(k) Balance for Retirees Age 55 and Older

How do your savings stack up?
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Can a $45k 401(k) at 29 really become $4M?

Projecting a $45,000 retirement account at age 29 into multimillion‑dollar territory sounds like a lottery ticket, not a plan. Yet the math behind that kind of growth is rooted in compounding, not ...
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I’m 29 with $45k in my 401k and the calculators are telling me I’ll have $4 million by the time I’m 65 – is that really accurate?

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. At age 29, your 401(k) balance may not be all that ...