We know most Americans are woefully behind when it comes to saving for retirement, but according the latest data from Fidelity Investments, it’s never too late to start saving. And it might help to realize that with just a little extra effort, you can beat the average savings rate of your peers.
The information reflects account balances in the company 401(k) plans that Fidelity administers.
Click through to see the level of 401(k) savings of six different age groups and where each age group ought to be when it comes to retirement savings.