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17%  
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  • Here’s how much money Americans in their 20s have in their 401(k) accounts

    04/26/2021 8:03:49 AM PDT · by SunkenCiv · 43 replies
    CNBC ^ | Monday, April 26, 2021 | Nadine El-Bawab
    Early in your career, start by saving what you can, with the ultimate goal of putting away 15% of your salary. That 15% will put you on track to have the equivalent of your salary saved by 30, which is the milestone retirement-plan provider Fidelity recommends aiming for in order to retire comfortably.And if your employer offers a 401(k) match, try to contribute enough to qualify for the full amount, which is essentially free money.That means if you earn $50,000 a year, you should aim to have $50,000 in retirement savings by the time you are 30. If your annual...