Here's how much the typical American has saved for retirement at every age - Business Insider

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Personal Capital's data looked at over 40,000 linked retirement accounts from millennials alone

, where money saved generates interest on itself. The more years this process has to work, the more savings will grow.

"If you waited an extra 10 years to start saving for retirement, you could be missing out on over half of the possible savings," Amy Oulette, a financial planner and the director of retirement services for Betterment and Betterment for Business,The typical 60-something hasn't yet hit $1,000,000, and that could be a problem

 

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That’s $32k a year plus social security assuming you’re talking about a 65 year old who lives another 20 years. Also, you need to double that as the avg 65 year olds married. Approx 55k a year in income, x2.The avg American retiree couple can more than enjoy retirement on 110k..

in what world does the average 60 something have 650,000 saved.... you need to get out more

Is that blonde guy Pewdiepie

Define typical

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pewdiepie and pierce brosnan

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