The ideal retirement savings at age 60 depends on who you ask. Fidelity says that you should aim to have eight times your salary saved by 60. Factors such as your planned retirement age and spending ...
The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.
These days, if you retire early, you could expect to live another 30 years — or even longer — in retirement. Take the ...
Despite higher wages and more accessible retirement plans, the average retirement age has hardly moved over the past 60 years. For men, the average age of retirement is 65, essentially unchanged over ...
Those who work long, high-paying careers can receive thousands of dollars above the average Social Security benefit.