Here's the Average Worker's 401(k) Balance -- and How to Beat It
A 401(k) is one of the most valuable assets most people will ever own. By the time you retire, it could house hundreds of thousands or even millions of dollars that you'll need to cover your expenses for the rest of your life. To get there, you first need to defer some of your paychecks today -- and therein lies the challenge.
Many workers struggle to save as much as they'd like and worry they're not saving enough. You might not be as far behind others as you think, though. Below, we'll look at the average and median 401(k) balances today and how you can beat them.
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Source Fool.com
