Have you ever wondered how your retirement nest egg compares to others?
The accumulation of wealth is subject that few of us discuss with one another and can be an unpopular subject in the eye of a recession. Although averages are just data and not a reflection of success or failure, knowing where you stand can help you understand whether you are on course or need to recalibrate your compass.
Below are the 2007 results from the Survey of Consumer Finances. The first two columns reflect the average and median values of retirement account assets. Remember that a “median value” …Read More