The Average American Aged 65 and Older Has $232,710 Invested in a 401(k). 5 Strategies to Help You Beat the Average Before You Retire.
The average adult 65 and older has just $232,710 saved for retirement -- far short of the $1 million or more many workers estimate they'll need for a comfortable future. The idea of running out of money in your final years is scary, but you can reduce this risk by taking key steps now to build your retirement account balances. Here are five worth considering.
Claiming your 401(k) match should be your top priority each year if you're eligible for one and can afford to do so. This is extra money you only get by making 401(k) contributions. Otherwise, you forfeit these funds. But there's a bigger issue here.
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Source Fool.com