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re: Average 401k balance at retirement

Posted on 2/28/13 at 10:52 am to
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7507 posts
Posted on 2/28/13 at 10:52 am to
I don't think the 80K is at retirement. The 80K represents an average of all accounts from the 24 year old to the 65 year old.
Posted by bpfergu
Member since Jun 2011
3485 posts
Posted on 2/28/13 at 10:54 am to
Yeah, I guess the title was a bit confusing. I should have said at "optimal retirement age" or something. If anything it just shows me that most people are going to have to work well past their mid 60s to stay afloat.
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