A robust nest egg is critical for a financially secure retirement. With the cost of living consistently increasing, Social Security continuing to struggle, and few workers having access to other sources of income, such as pensions, most older adults will need to rely heavily on their personal savings.

But determining how much to save can be tricky. Everyone's situation is different, and goals may vary widely depending on factors like your age, where you live, and your expectations for retirement.

Comparing your retirement fund to others' your age isn't necessarily the best way to gauge whether you're on track, but it can be helpful to see how you stack up to the average. Here's what the average 401(k) balance looks like among those ages 55 to 64, as well as one simple trick for saving more.

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Source Fool.com