What’s the average 401(k) balance by age?

The amount of money you’ll need to retire comfortably depends on several factors, such as where you plan to live and how much you plan to spend. But experts say it’s important to save for the future now — especially because one of the main advantages of 401(k) workplace retirement plans is that your money benefits from compound returns, growing via the financial markets over time.We receive compensation from our partners for Featured Offer placements, which impacts how and where their offer is displayed.Featured OfferZoe FinancialGet personalized matches based on your unique situation in just a few minutes.Connect with experts who offer a wide range of wealth management services.Match with an advisorOn Zoe Financial's website“The sooner 401(k) participants start to save, the more realistic their retirement goals will become,” said Marshall Nelson, wealth advisor at Crewe Advisors.To make sure you’re on track to a secure and enjoyable retirement, it can be helpful to see how your saving...