If You've Saved This Much for Retirement by Age 35, You're Ahead of the Game

Key Points Savers under 35 have a median retirement account balance of $18,880. You can estimate your savings goal by multiplying your estimated annual retirement expenses by 25. Consistent retirement contributions are key to reaching your savings target. The $23,760 Social Security bonus most retirees completely overlook › By the time you're 35, you're no longer a newcomer to the workforce. Yet, low average salaries, student debt, and saving for near-term goals keep median retirement savings relatively low for this group. The typical worker under age 35 only has $18,880 set aside for the future, according to The Motley Fool's research on average retirement savings . If you've saved more than this, you're doing better than a lot of people your age.