Ages 55 to 64
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Average household retirement savings: $537,560
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Median household retirement savings: $185,000
These are baby boomers, and the oldest among them are knocking on retirement’s door — just a couple of short years from Social Security’s definition of full retirement age (Ranges from 65 to 67, depending on your year of birth). About 57% of households headed by a baby boomer have retirement holdings.
Ages 65 to 74
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Average household retirement savings: $609,230
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Median household retirement savings: $200,000