Here's the Newest 401(k) Average Account Value by Age. Where Do You Stand?

Comparing yourself to other investors can be a dangerously misleading exercise. Other investors may have different investing goals than you, and they certainly earn different incomes. Some future retirees will likely burn through their savings far too quickly, while others will actually grow their net worth even after they quit working. In other words, your biggest concern should be ensuring your plan works for you.That being said, it never hurts to at least know how average investors of your age are doing, if only to use as a mental benchmark.With that as the backdrop, here's a closer look at mutual fund company Fidelity's findings from its third-quarter review of all of the 401(k) accounts it services. Hopefully you're doing better than most...not that this necessarily means you're doing well enough.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool