The ideal 401(k) balance by age 30 is 1x your annual salary, 3x by age 40, 6x by age 50, 8x by age 60, and 10x by age 67. In 2025, you can contribute up to $23,500 annually to your 401(k), plus an ...
While high inflation may be painful for American shoppers and households, it also means higher contribution thresholds. Money; Getty Images If you’re planning to save more for retirement in 2026, ...