Fountain Valley News - Your Hometown Community Newspaper

2019-2020 Federal Reserve SCF data shows us the average retirement savings by age in the U.S.

•   Ages 18-24: $4,745.25

•   Ages 25-29: $9,408.51

•   Ages 30-34: $21,731.92

•   Ages 35-39: $48,710.27

•   Ages 40-44: $101,899.22

•   Ages 45-49: $148,950.14

•   Ages 50-54: $146,068.38

•   Ages 55-59: $223,493.56

•   Ages 60-64: $221,451.67

•   Ages 65-69: $206,819.35

How can you grow money for retirement savings? Three men were talking at a morning coffee shop table. One said, "I hope someday I can just strike it rich." Another one said, "I...