Timothy Sumer

In this video, we're going to talk about how much you should save in your 401K by age. We'll discuss factors like average contributions, base invested amount, and how your age will affect your 401K contributions. After watching this video, you'll have a better understanding of how to save for retirement and how your age affects your 401K contributions. You'll also be able to make the best choices for your 401k account based on your specific situation. So be sure to check out this video if you're looking to save for your future! On this channel we teach financial education, financial independence, how to budget, invest in yourself, sort of a financial literacy 101. Affiliate Links: M1 Finance Link: ... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing How Much You Should Save in Your 401(k) By Age Sa

The data provided presents the average and median 401(k) balances by age for Fidelity Investments and Vanguard 401(k) plans. Fidelity administers 24,000 plans with over 21 million participants, while Vanguard administers about 1,700 plans with around 5 million participants. Here are the average and median 401(k) balances by age for Fidelity: Age 20-29: Average $12,800, Median $4,600 Age 30-39: Average $43,100, Median $16,200 Age 40-49: Average $100,300, Median $32,100 Age 50-59: Average $175,400, Median $53,400 And here are the average and median 401(k) balances by age for Vanguard: Age under 25: Average $6,264, Median $1,786 Age 25-34: Average $37,211, Median $14,068 Age 35-44: Average $97,020, Median $36,117 Age 45-54: Average $179,200, Median $61,530 Age 55-64: Average $256,244, Median $89,716 Age 65+: Average $279,997, Median $87,725 #401k #average401kbalancebyage #retirementsavings... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Invest

In this video, we're going to talk about the shocking truth about Vanguard 401k balances by age. Vanguard is one of the most popular 401k providers in the world, and their data has shown that the average Vanguard 401k balance decreases steadily as you get older. This video is a must-watch if you're worried about your retirement funds. We'll discuss the data in detail and show you how you can protect your retirement savings by taking action now! After watching this video, you'll know what to do to protect your 401k balance and make sure it's ready for retirement!... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA The Shocking Truth About Vanguard 401k Balances by Age The importance of saving for retirement is no secret, but the actual figures might surprise you. A recent report by Vanguard, one of the largest investmen

Average 401K Balance By Age Says Fidelity! Hit subscribe to see my next video!🔜 DISCLAIMER: The information contained on this YouTube Channel is for entertainment purposes only. I am not a financial advisor, and this is not financial advice, please consult a licensed professional. #shortsfeed #shortsfeed #shortsvideo #shortsfeed #shortsyoutube... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Saving for retirement is a crucial aspect of financial planning. The 401K plan is one of the most common retirement plans defined by the Internal Revenue Service (IRS) in the United States. Many employers offer a 401K plan as part of their employees' retirement package. The idea is to encourage workers to save a portion of their income, which is then invested and grows until retirement. One of the most frequently asked questions by

Hey Rich Friend! If you're like most people, you have a 401k account . And if you're like most people, you don't really know what to do with it. In this video, I'm going to show you the secrets to making your 401k grow and becoming a millionaire. So tune in and learn something new today! Want monthly financial education workshops? Join the membership | Grab your FREE budgeting template | Video Reference Links: Social Media Hangout Spots: TikTok Boujie Budgeter | IG Boujie Budgeter | Investing Flavor Podcast | Hosting a financial education workshop? Submit an inquiry: for OTHER business inquiries: hello@boujiebudgets.com Subscribe for new videos every Thursday! Disclaimer: This video is meant only for educational purposes and is not to be taken as financial advice. However, I am sharing my personal experience and individual opinions, views expressed are those of my own. Mykail James, Boujie Budgets, LLC, nor The Flavor Podcast are not respons

Average 401k balance by age || How much you need in YOUR 401k to Retire || 401k + Retirement Buy Our Book: Click Here For More Retirement Planning Videos: In this video I want to discuss the average 401k balance by age. This is not the median 401k retirement balance but the average which is skewed higher. Please do not get discouraged if the average 401k balance does not fit where you are financially. This video is not designed to make you feel bad about your 401k balance or retirement investments, but instead, use this video as a yard stick to help you continue to grow your retirement assets toward financial freedom! I also want to show you how your 401k, IRA, or retirement asset balance does not need to be one million dollars to retire. It just needs to be enough to cover your lifestyle and cost of living. I encourage you to visit the link below to download the free booklet, "The Roadmap to Retirement." Click Here to Subscribe: **Free Retirement Download: