Average Retirement Savings by Age: How Do You Compare?

Average retirement savings in the U.S. vary by age: 30s have $18,000–$35,000, 40s $60,000–$100,000, 50s $134,000–$185,000, and early 60s $200,000–$250,000. Medians hide inequality, as high earners raise averages while many have little saved. Recommended savings benchmarks suggest having 1x salary by 30, 3x by 40, 6x by 50, 8x by 60, and 10x by retirement. Strategies to boost savings include maximizing contributions, reducing expenses, delaying retirement, and optimizing Social Security and investments.