How can you retire in New Jersey with $40,000 in a 401(k)?
By: Eric "EJ" Johnson | Published: 2026-02-11 02:49:23 | Source: nj1015.com
The latest numbers on retirement savings stopped me cold.
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A CBS News report, citing Federal Reserve data, found that the median retirement savings for American workers ages 21 to 64 is just $955. That figure includes people with nothing saved at all, which pulls the number down, but still. Less than a thousand dollars set aside for life after work. For workers who do have retirement accounts…
