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That number is retirement age and I gave the mid-late career median for salary. > The Federal Reserve data shows that 65 to 74-year-olds have a median of $164,
by altacc 3y ago
That number is retirement age and I gave the mid-late career median for salary.
> The Federal Reserve data shows that 65 to 74-year-olds have a median of $164,000 in their retirement accounts while those 75 and older have $83,000 saved for retirement.
Retirement age is not a fixed number. Quick search says about 10-19% of over 65s are still working. Some through choice, others not.
- alephnerd 3y agoThanks for the heads up! A bit pedantic but it looks like it's $204k now based on the Fed Reserve survey. But by and large I think your argument still holds. > Retirement age is not a fixed number. Quick search says about 10-19% of over 65s are still working. Some through choice, others not. Agree with ya on that!