The Wealthy Idiots Show | 401k Balances

401k Balances by Age | Is our future in trouble?

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Fidelity released their 401k balances for 2022. It’s not looking like people are ready for retirement. AJ goes over the numbers and what you should do to get ready for retirement and financial independence.

SHOUTOUTS AND RESOURCES:

  1. How to get setup for retirement – https://wealthyidiots.com/articles/2022-07-31/cheer-up-retirement-is-possible-and-it-can-be-great/
  2. 401k Data for Americans – https://wealthyidiots.com/articles/2022-06-09/americans-401k-balances-will-make-you-sad/

Author

  • After attempting college, AJ joined the Marine Corps. When he left active duty, he worked in retail for a few years before returning to college. Several years later AJ was awarded his Bachelor in Science in Computer Science. Soon after, AJ began working in the tech industry as a Junior Developer. AJ continues to work in tech, however, he began to cultivate a passion for personal finance. For AJ, the concepts began to click and he felt a need to help others understand how to be financially free. If AJ can do it, any Idiot can.

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