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This Is the Average 401(k) Balance for Baby Boomers


Comparing your retirement savings nest egg to everyone else's can paint a misleading picture. Everyone's situation -- and needs -- are different. You may be fine with less. Or, you might need more than most.

Still, it can be telling to see where you stand in relation to other people in your age bracket.

To this end, here's a look at the average retirement savings for baby boomers, which I'm defining as age 61 to 79, as of the end of last year, according to mutual fund company and retirement plan administrator Fidelity.

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Source Fool.com


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