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Reply to "People who don't save for retirement"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Those stats might not be accurate. Average 401k balance doesn’t mean total net worth. I have a Roth IRA with only $7000 in it and another IRA with 60k. One of my 401k’s has 120k. Total net worth is in the millions. [/quote] The you did save. Not relevant. Social security. [/quote] People these days job hop all the time so there aren’t very many people with huge 7 figure retirement accounts unless you consolidate them or stayed in the same job for 20 years [/quote] I have wondered how they're calculating this. Is it by person or by retirement account? DH and I both have some from prior jobs that have less than 20k. [/quote]
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