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June Sham is a lead writer on NerdWallet’s investing and taxes team covering retirement and personal finance. She is a licensed insurance producer, and previously was an insurance writer for Bankrate specializing in home, auto and life insurance. She earned her Bachelor of Arts in creative writing at the University of California, Riverside.
In this video, we will be diving into how much you should have in your 401k by age. We will be looking at updated numbers for 2025. Keep in mind, these numbers are a general rule of thumb and each situation is going to be different.
NerdWallet Retirement Account Statistics: https://www.nerdwallet.com/article/investing/retirement-statistics
Fidelity Guidelines: https://www.fidelityworkplace.com/s/page-resource?cId=fidelity_building_financial_futures_report)
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Are you on track with your retirement savings? Today we break down updated numbers for planning for retirement in 2025, showing how much you should have in your 401k by different ages. Plus, it covers important facts about retirement, helping you with your retirement planning and overall financial planning.