Personal Finance
Thursday, 7/9, 04:37 PM
Why the First $100,000 Is the Hardest to Save
- The average worker with a retirement account reaches about $100,000 in savings in their early 40s, one estimate finds.
- The exact age matters less than the idea behind an old saver's adage: once the pot gets big enough, investment growth starts pulling as hard as your own contributions.
- Here is why that milestone is the hardest, and why it gets easier after.