What’s the Ideal Retirement Savings Goal by Age 40?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
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Source: Fool
401(k) Balances: The average 401(k) balance for individuals aged 35 to 44 is $103,552, with a median balance of $39,958, raising questions about whether these amounts are sufficient for financial security.
Savings Recommendations: Experts suggest having three times your income saved by age 40 to be on track for retirement, but personal circumstances and retirement goals should dictate individual savings plans rather than generic benchmarks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
