Households headed by someone ages 65 to 74 with a retirement account had a median balance of $257,000 in 2025.
A 4% withdrawal from that amount yields about $10,000 in the first year, before Social Security or a pension income.
Making savings last depends on spending, having other income, and taxes, not just the balance.
Retirement is often framed as the reward for a lifetime of work, but not everyone collects the same prize.
Some people leave the workforce with a healthy nest egg built over decades of workplace contributions, or a generous employer pension. Others have little saved and may only have Social Security to count on.
#balance #others
A 4% withdrawal from that amount yields about $10,000 in the first year, before Social Security or a pension income.
Making savings last depends on spending, having other income, and taxes, not just the balance.
Retirement is often framed as the reward for a lifetime of work, but not everyone collects the same prize.
Some people leave the workforce with a healthy nest egg built over decades of workplace contributions, or a generous employer pension. Others have little saved and may only have Social Security to count on.
#balance #others
4 hours ago
