Fidelity has a feature that compares your 401K to your peers by state, age, and salary range.

[Entomology]

I kind of went at mine because I just turned 35 and the average balance/saving rate is pretty low for my age group (35-39).



Interestingly people who are working from the ages of 60-64 have a higher average savings rate than people who are working from ages 65-69. It goes up against at age 70+.


It's likely none of you care about this but I thought it was interesting.

 

[FutureMan]

Nobody is saving shit and we’re all fucked but hey at least one day we’ll die and then our next of kin can worry about it

 

[eric5678]

Nobody is saving shit and we’re all fucked but hey at least one day we’ll die and then our next of kin can worry about it

Maxed 401k crew signing in.

I dont have a bunch if shit that my peers do 'cause I'd really like to end this career and do what I want ~60yrs old.

 

[Deleted member 153699]

36k is a top saver at 35? Holy shit, that's depressing

 

[HipHopHead]

WTF $36k at 39. I am poverty as fuck and have way more then that at 40.

 

[A96HondaAccordCoupeEX]

Lol at saving for the future

 

[tripledazed]

Deposited some cheques at the bank today and someone left their receipt at the ATM. They withdrew $60 and their balance was -$25.xx

 

[rcm]

Maxed 401k crew signing in.

I dont have a bunch if shit that my peers do 'cause I'd really like to end this career and do what I want ~60yrs old.

Lol at not enjoying shit until you're 60.

 

[FutureMan]

Deposited some cheques at the bank today and someone left their receipt at the ATM. They withdrew $60 and their balance was -$25.xx

Hell yeah free money baby

 

[eric5678]

Deposited some cheques at the bank today and someone left their receipt at the ATM. They withdrew $60 and their balance was -$25.xx

But on the flip side, I picked one up at an ATM a while back that had 800k available.

Left that one out in communal spaces for a while at work and quickly saw that comparison is a thief of joy.

 

[eric5678]

Lol at not enjoying shit until you're 60.

Good point. BRB buying boats and side by sides.

 

[zhiniibob]

Lol at saving for the future

This. My retirement plan is an early death

 

[Jumpem]

Is there a link to this?

 

[infinite97]

That’s fucking pathetic

 

[infinite97]

Maxed 401k crew signing in.

I dont have a bunch if shit that my peers do 'cause I'd really like to end this career and do what I want ~60yrs old.

The excuses people make for not saving for retirement are so ridiculously sad.

 

[FutureMan]

This. My retirement plan is an early death

I buy lotto daily that’s my plan

 

[zhiniibob]

I buy lotto daily that’s my plan

Hell ya. Plus a can and a sixxer of pounders

 

[midnite]

shit that makes me feel better as I feel like I am super behind but I am higher than that

 

[KarlStyles]

I buy lotto daily that’s my plan

Hell yeah, can't win if you don't play.

 

[I<3URANUS]

It's unsurprising really.

 

[Jumpem]

shit that makes me feel better as I feel like I am super behind but I am higher than that

Their rule of thumb is 2x your salary at 35.

 

[Painkiller]

Covid-22 will kill us anywayz it doesn't matter

 

[midnite]

Their rule of thumb is 2x your salary at 35.

yeah im not there Wasted 6 years of my post college life in shitty jobs

 

[calisteph6]

36k total or per year? I haven’t seen this in my fidelity thing. Where do you find it?

 

[siflnolly]

not sure how to feel. i have a ton of savings, but no 401k. i should probably start pumping into it, but i'm 38