How Much Should You Have in Your 401(k) at 40? The Average Balance Might Concern You

Many Gen Xers in their 40s — despite having access to 401(k)s throughout their careers — are falling behind on retirement savings, often missing the guideline of having three times their income saved by this stage. CFP Board research suggests this shortfall is largely due to competing financial priorities, as many juggle saving for retirement alongside major expenses like children’s education, homeownership and other life milestones.

Read More at FinanceBuzz