How Much Has A Typical Family Saved Up For Retirement?March 4, 2015 1:13 pm
We spotted this stat today:
“On average, a typical working family in the anteroom of retirement — headed by somebody 55 to 64 years old — has only about $104,000 in retirement savings, according to the Federal Reserve’s Survey of Consumer Finances.” Source
Clearly, that’s not enough. Investment advice has got a lot to do with that number, of course.