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The Average American Age 65 and Older Has $232,710 Invested in a 401(k). 3 Strategies to Help You Beat the Average Before You Retire

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The Average American Age 65 and Older Has $232,710 Invested in a 401(k). 3 Strategies to Help You Beat the Average Before You Retire: https://g.foolcdn.com/editorial/images/780782/older-woman-laptop-gettyimages-1401269015.jpg

Many seniors inevitably kick off retirement with no personal savings whatsoever. That's not a great thing.

But recent data finds that the typical retiree aged 65 and over has a nest egg worth $232,710. That's a decent sum of money for sure. But when we dig deeper, we can see that it's actually not a whole lot.

Image source: Getty Images.

Source Fool.com

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