Please Read or Unsubscribe Sponsored content keeps our newsletter free. We do not endorse all advertisers. SPONSORED *|MC_PREVIEW_TEXT|* Average Retirement Savings By Age: Are You Normal? Research behind how much Americans save, and who feels most confident about their plan Many Americans worry they're not saving enough for retirement, and rightfully so. The National Institute of Retirement Security reports: Approximately 40 million households have no retirement savings.¹ It's never too late to get started. Although results are never guaranteed and risks are involved, well-managed investments may potentially compound over time. Fidelity reported in May 2022 that the average 401(k) balance for those who've been saving for over 10 years averaged over $380,000.² Find out the recommended savings for your age here. Of course, saving for retirement is different for everyone. If you feel like you're behind in savings, want to make sure you're on track, or want to find investment vehicles to help you save more, talking to an advisor can help you set and execute a retirement plan. Not sure where to start? We created a free quiz to help Americans find vetted financial advisors who serve your area, obligated to work in your best interest. It's never too late to get your finances straight. Get your financial advisor matches today » Try SmartAsset's Financial Advisor Matching Tool Get retirement ready. Take this no-cost quiz to get matched with up to 3 vetted financial advisors serving your area. Get Started SPONSORED BY SMARTASSET Sources: 1. The Continuing Retirement Savings Crisis". NIRS (March 2015) 2. Building Financial Futures", Fidelity (May 2022). This is not an offer to buy or sell any security or interest. All investing involves risk, including loss of principal. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. SmartAsset.com is not intended to provide legal advice, tax advice, accounting advice or financial advice (Other than referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States). SmartAsset is not a financial planner, broker or tax adviser. The Service is intended only to assist you in your understanding of financial organization and decision-making and is broad in scope. Your personal financial situation is unique, and any information and investing strategies obtained through SmartAsset.com may not be appropriate for your situation. Accordingly, before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your accountant or other financial advisers who are fully aware of your individual circumstances. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. SmartAsset's services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any user's account by an Adviser or provide advice regarding specific investments. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors.   DISCLAIMER Use of this Publisher's email, website and content, is subject to the Privacy Policy and Terms of Use published on Publisher's Website. Content marked as "sponsored" may be third party advertisements and are not endorsed or warranted by our staff or company. The content in our emails is for informational or entertainment use, and is not a substitute for professional advice. Always check with a qualified professional for treatment advice and/or diagnosis. Be sure to do your own careful research before taking action based on anything you find in this content. © The Daily Beat. All Rights Reserved.