What's the Average 401(k) Balance by Generation?
Are you saving as much for retirement as your peers?
It's hard to know exactly how much you need to save for your golden years. Some people have more modest retirement goals than others, of course, so the answer depends on how you plan to spend this period of your life.
That said, it can be useful to know what others in your age group have saved, and a great proxy for that is the average 401(k) account balance by age group.
Source Fool.com
