Can You Guess How Much The Average Retirement Account Balance Is? Here’s A Hint — It’s Only Slightly More Than A Year’s Worth Of Expenses

The post Can You Guess How Much The Average Retirement Account Balance Is? Here’s A Hint — It’s Only Slightly More Than A Year’s Worth Of Expenses by Emily Lew appeared first on Benzinga. Visit Benzinga to get more great content like this.

As baby boomers enjoy a wealth surge, younger generations grapple with financial strain. The latest figures highlight a concerning contrast: The average American’s savings barely cover a year’s expenses. With household spending on the rise, driven by inflation and higher living costs, the gap in retirement preparedness widens. SmartAsset’s free tool matches you with up to 3 financial … Continued

The post Can You Guess How Much The Average Retirement Account Balance Is? Here’s A Hint — It’s Only Slightly More Than A Year’s Worth Of Expenses by Emily Lew appeared first on Benzinga. Visit Benzinga to get more great content like this.