The Average American Has This Much Retirement Savings By 60. How Do You Compare?

According to The Federal Reserve, the median retirement account savings for households between ages 55 and 64 is roughly $185,000. While this is a considerable amount of money, it's probably not enough to secure a comfortable retirement for most people. A standard household making the median income will likely want between $415,000 and $825,000 in assets […] The post How Much Money Most People Have Saved by Age 60 appeared first on SmartReads by SmartAsset.