If you’re approaching retirement and wondering whether you’ve saved enough, you’re not alone, and the numbers might surprise you. While headlines often suggest Americans are building sizable retirement accounts, the reality tells a very different story. The average 401(k) balance at age 65 may look solid on paper, but the median (the number that reflects what most people actually have) is far lower. In fact, recent data shows a major gap between expectations and reality, leaving many retirees financially vulnerable. Here’s what the data really shows, and what it could mean for your future.
