• Under 25: $2K • 25–34: $19K • 35–44: $47K • 45–54: $79K • 55–64: $107K • 65+: $103K I’m 39 and currently have $762K across two 401(k)s. Seeing these numbers honestly put things into perspective. At 39, I’m sitting at almost 6× the median balance for the 25–34 age group. Even more crazy to me: my balance is already higher than the listed median for people 55–64 ($107K). Obviously, everyone’s situation is different. Income, employer matches, when you started working, debt, expenses, and whether you prioritize retirement savings all make a huge difference. But this is also a reminder of something I think gets overlooked: Starting early matters. A LOT. You don’t need to have everything figured out in your 20s. But consistently contributing, taking advantage of an employer match, increasing your contributions as your income grows, and letting compound growth work over decades can put you in a completely different position later. At 39, I’m much more focused on building the habit and letting time do the heavy lifting than trying to get rich overnight. $762K feels good today. But I’m much more interested in what that number can become by 50 and 60. 📈
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8 Comments
PERRY @perryh · 18d
I’m not sure if you’re 29 or 39 - you state both ages. $762k by 29 in a 401k seems hard to do given caps on contributions. If you managed to do that - congrats.
Ed
@edsam · 17d
Good job on escaping the retirement crisis affecting many people.
Nate
@hoodnate · 16d
Seeing the medians next to your number really drives home the starting early point. I'm still in the building phase and trying to stay consistent, so this is is a good reminder that time does a lot of the heavy lifting.
CoderDonna @coderdonna · 17d
Heck, I'm going to say that amount by 39 is a great accomplishment! Keep going!
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