The Personal Finance Podcast

The Average Retirement Savings By AGE! (2025 Edition)

Nov 5, 2025
Explore the average retirement savings by age in 2025, revealing alarming shortfalls among Americans. Discover specific challenges faced in your 20s through 50s, from student loans to lifestyle creep. Learn actionable strategies for each decade to boost savings, such as maximizing employer matches and automating contributions. Gain insights on accelerating savings in your 40s and navigating the financial pressures of the 50s. Plus, uncover crucial tactics for creating a detailed retirement plan to ensure financial security.
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INSIGHT

Early Contributions Compound Wildly

  • Small retirement contributions in your 20s grow massively by retirement due to compound interest.
  • Andrew estimates a mid-twenties dollar can be worth about $70 by age 65, so start now.
ADVICE

Always Capture The Employer Match

  • Capture your employer 401(k) match because it's free money and a 100% return.
  • Automate contributions to remove reliance on willpower and make saving seamless.
ADVICE

Automate Contributions Immediately

  • Automate retirement contributions so you don't need to rely on willpower to save.
  • Use employer payroll and automated transfers to make saving effortless and consistent.
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