Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness... Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness... Yukon eco-tourism resorts for fishing, family vacations, and outdoor adventures in Canada's wilderness...
Among 45- to 54-year-olds, the greatest percentage (56%) had savings of between $25,000 and $499,999. The median amount saved in this age range was $101,000. A full fifth of respondents in this age group had $100,000 to $249,999 dollars saved for retirement, making this the top answer for people of these ages.
In terms of how using savings by age as a benchmark impacts your own retirement strategy, it's important to consider the bigger picture. Across all age groups, the average retirement savings is $95,766, according to the EPI. Overall, the data suggests that Americans are simply not saving enough for retirement, regardless of age. As you evaluate your own plan, it's important not to let the average retirement savings by age distract you from your goals.