How Much Should You Have in Savings by Age?

How much should you have in savings by age? Average vs. median savings balances compared by age group, plus the 3-6 month emergency fund benchmark

It’s one of the most anxiety-inducing questions in personal finance, and also one of the hardest to answer honestly: how much should you have in savings by age, compared to everyone else your age? The short version is that the “average” number you’ll see quoted almost everywhere is badly misleading, and the number that actually … Read more