Median Retirement Savings at 55: $185,000 Covers Only 2.5 Years of Spending
Quick Read - The median retirement balance for households aged 55 to 64 is $185,000, which falls below one-third of Fidelity's recommended $600,000 benchmark for a $75,000 earner. - At a 4% withdrawal rate, $185,000 generates just $617 monthly, making Social Security the primary...</stron