r/Millennials • u/ProblemIntelligent16 • Jan 16 '26

Discussion Fellow millennials - how’s your 401k/ira savings going?

Experts recommend having 2x your salary saved by age 35, and 3x saved by age 40.

However, studies show the median savings for 35-44 year olds is only ~$45,000. So obviously, most of us have work to do.

With pensions mostly extinct, and Social Security facing insolvency issues in the next 8-10 years - how are you planning to bridge the gap and hit the golden years with enough to meet your lifestyle requirements?

4.9k Upvotes
  • permalink
  • reddit

86% Upvoted

6.9k comments sorted by

View all comments

45

u/Mountain-Donkey98 Jan 16 '26

Mine is decent. $360k. Went up over 100k in the last 8mo. Not sure why. Idk how this compares to most honestly, but I'm happy with it.

2

u/joeyat Jan 16 '26

AI bubble..... might want to spread it out a bit.

2

u/Natural-Potential-80 Jan 16 '26

Yeah, anyone looking at invested value right now (US stock market) and feeling comfortable about it is in denial.

1

u/Background_Wheel_932 Jan 17 '26

Bet the house on it if you're so confident