In this video, we talk about the average (and median) 401k balance by age for 2022. Are you in good financial shape and on track to retire at your target retirement age? While there's no black and white 401k balance that you MUST have, it's nice to see how much our peers have invested in their 401ks. Since AVERAGE balances don't always provide an accurate representation of the population, we also talk about the median 401k balance by age which paints a better picture of what America ACTUALLY has invested. 📃 The data in today's video comes from Vanguard's annual report titled "How America Saves 2022" and can be found here: Some of my favorite things 😍👉 💳 A few of my favorite credit cards: Chase Sapphire Preferred: Chase Freedom: Discover IT: AMEX Blue Cash Everyday: 💰 Tip Jar: 📚 A few of my favorite personal finance books: ○ Getting into the asset vs liability mindset: ○ Solid well-rounded personal finance info: ○ No, buyin
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)