Retiring in the U.S.A.: How Do Your Savings Stack Up?

Jacqui Kenyon

What does your dream retirement look like?

Maybe you haven’t given it much thought, beyond setting up your IRA or 401(k) (you did set one up, right?). Or maybe you have a calendar next to your desk to tick off the days until you can leave your office for sunnier pastures.

No matter which situation you’re in, have you ever wondered how prepared you are for that day, compared to your peers? Have you saved more than the average American? Less? And is the “normal” amount of savings even enough to help you reach your dream retirement?

RELATED: Retirement Savings by Age: How Do You Compare?

In a new survey, LearnVest explored the state of saving for retirement in the U.S.—from what we picture for ourselves post-65 to the amount we’ve socked away today. We detail everything from respondents’ top financial worries to the discrepancy between the retirement savings of men and women.

To see how your peers, who range in age from 25 to 54, are preparing for their golden years, check out the infographic below.



  • Ro

    The average retirement savings for women respondents was $150,000…but how old were they? I think it would be helpful to know that.

    • Ronnie

      Agreed. That’s key information for these numbers to be meaningful.

  • Eli

    I agree, what can we gather when there is no time/age with those numbers!

    • Shotgun Shirley

      Yeah, the whole thing is pointless without the context of age.

  • LearnVestJacqui

    Hi all,

    Thanks for reaching out! I’ve updated the article to include the age range for survey respondents (25-54). Hopefully that gives a bit of a better perspective on average retirement savings!


  • Denise

    LV, this story is a FAIL. Age range of 25 to 54 plus an average savings of $150K does not provide any useful data for your readers. The story suggests that all of us – men and woman – should look forward to a life of meager living because the range of retirement savings can’t possibily be more than $300k – $400k. I suggest you delete this story and try again.

  • Nic Baker

    Another factor–These figures are much higher than what I’ve seen elsewhere. The sample population, if LearnVest customers, is skewed–people who are more conscious of their finances and probably have more money to deal with. That’s why they’re signed up with LV in the first place. Or, LV, am I wrong and it is a broader sample?

  • Eric

    What a worthless article. Not enough information to draw any type of meaningful conclusion.

  • Mike

    I agree with everyone’s comments below. This article seemed to lack substance. Here is where I stand when it comes to retirement. Not sure if it is good or bad because I don’t have anything to compare with. I can only compare our situation to our parents, who only have social security and are barely getting by.

    My wife and I both work. She is 46 with $89K saved within Regular and Roth IRAs. I am 48 with $92K saved within Regular and Roth IRAs. While we started the process years ago, signing up for IRAs and Savings Bonds, we didn’t get serious about savings till about 5 years ago. I decided to hit the books hard and cut back as much as I could from everywhere. We made sacrifices to some of our savings to get out from high interest debts. We also cut back on eating out, canceling cable, buying second hand items, and stopped “collecting” stuff. We don’t smoke, drink, have credit card debt, or make car payments. We finally paid off our house 3 months ago. It’s been (and still is) a full time commitment towards saving and investing. If only I started down this road in my early teens when I began working! For you younger readers, start now and stay focused! Just like you we only learned to do math, not money in school. Thank God for the internet!!! We are still learning and finding additional ways to save. If we can stay on this path for another 10 years, we should be okay. God bless and good luck.