Artwork

Content provided by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Average 401(k) Balance by Age (2021 Edition): Are You Behind?

57:23
 
Share
 

Manage episode 291203271 series 1945017
Content provided by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the largest amount of assets in the average portfolio. In fact, 80% of millionaires invested in their 401(k) match and many credit this account as being a huge catalyst to reaching their first $1 million.

How does your 401(k) balance compare to the average American? This episode helps you discover not only how powerful this wealth building tool can be, but gives benchmarks for where most people are and where you should be in your 20s, 30s, 40s, 50s, and beyond!

For more information, visit: https://www.moneyguy.com/2021/04/average-401k-balance-by-age/

  continue reading

956 episodes

Artwork
iconShare
 
Manage episode 291203271 series 1945017
Content provided by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, Brian Preston, and Bo Hanson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the largest amount of assets in the average portfolio. In fact, 80% of millionaires invested in their 401(k) match and many credit this account as being a huge catalyst to reaching their first $1 million.

How does your 401(k) balance compare to the average American? This episode helps you discover not only how powerful this wealth building tool can be, but gives benchmarks for where most people are and where you should be in your 20s, 30s, 40s, 50s, and beyond!

For more information, visit: https://www.moneyguy.com/2021/04/average-401k-balance-by-age/

  continue reading

956 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide