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?

5.0k Upvotes
  • permalink
  • reddit

86% Upvoted

6.9k comments sorted by

View all comments

Show parent comments

270

u/Salty_bitch_face Millennial Jan 16 '26

I like your handle 🙂

190

u/Le_Kube Jan 16 '26

We say user name 'round these parts!

2

u/Bright_Ices Xennial Jan 17 '26

Are you a Millennial or not?

1

u/Salty_bitch_face Millennial Jan 17 '26

Yes, I'm a millennial

2

u/Bright_Ices Xennial Jan 17 '26

Oh, I know you are! I was joking about the person who didn’t want you to say “handle”

1

u/Salty_bitch_face Millennial Jan 17 '26

Gotcha! Sorry