Saving for retirement is tough, and if you're falling behind, you're not alone. The average retirement account balance is around $113,000 as of 2022, according to Vanguard's most recent "How America Saves" report, and the median balance is only around $27,000.

However, as retirement costs continue to rise and Social Security faces ongoing financial struggles, workers may need to save more than ever to retire comfortably.

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Source Fool.com