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  2. How much should you have in your 401(k)? Here's how ... - AOL

    www.aol.com/finance/average-401k-balance-by-age...

    If you use the 4% rule for retirement, you might be able to stretch $500,000 for your entire retirement. Talk to a financial advisor who specializes in retirement to make sure you’re maximizing ...

  3. I Have $400,000 in My 401(k). Can I Retire at 62? - AOL

    www.aol.com/retire-62-400-000-401-154948207.html

    With $400,000, if you buy an annuity at age 62 and then retire, you might expect monthly payments of around $2,400 for the rest of your life. This comes to about $28,800 per year in guaranteed ...

  4. This Is the Average 401(k) Balance for Ages 55 to 64 - AOL

    www.aol.com/average-401-k-balance-ages-130000854...

    If you're 62, you can see that those aged 55 to 64 have an average balance of $244,750. That might seem pretty good, but these folks may be only one to 10 years away from retiring, and $244,750 ...

  5. Can you afford to retire at this exact moment? Here are 3 ...

    www.aol.com/finance/afford-retire-exact-moment-3...

    This is the case for those retiring after 55. Usually, you’d face a 10% tax withdrawal penalty for making a withdrawal from a tax-qualified retirement plan like a 401(k). But for workers who ...

  6. How much should you contribute to your 401(k)? - AOL

    www.aol.com/finance/much-contribute-401-k...

    Saving for retirement on an after-tax basis in a Roth 401(k) means you pay taxes on your contributions now at your current tax rate. When you access the money after age 59 ½ , the withdrawals ...

  7. If I Could Tell Everyone Saving for Retirement 1 Thing, I'd ...

    www.aol.com/finance/could-tell-everyone-saving...

    The median 401(k) balance across all age groups is $35,286, according to a 2024 report from Vanguard, while the median balance among those closest to retirement at ages 55 to 64 is only $87,571.

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