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Thinking of Retiring Early? Here's the Average 401(k) Balance for People in Their 40s and 50s
The average 401(k) balance for people in their 40s is $407,675, while the median is $162,143. For people in their 50s, the balance jumps to $622,566 and $251,758, respectively. Thoughtful retirement ...
After retiring at the age of 40 and selling a company, a retiree felt the need to start a new chapter. The new chapter included a more manageable work week and new expectations on work-life balance.
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