This Was the Average 401(k) Balance as of March. How Does Yours Compare?
The money in your 401(k) plan could end up serving a very important purpose: helping you cover your living costs throughout retirement. And so it's a good idea to close out your career with as high a balance as possible.
Granted, your 401(k) plan might not be the only income source you have in retirement. You'll most likely have some income from Social Security to count on as well.
But still, it's a good idea to kick off retirement with a robust nest egg. So you might be wondering whether you're on track to do that.
Source Fool.com
