The Economic Times

Under 35 and saving for retirement? Heres how much your peers actually have stashed away

Only half of Americans under 35 have retirement savings in 2022. Median balances reach $18,800. Young adults face student loans, rent, and low starting incomes. Time is their greatest advantage for compounding. Contributions as small as $30 monthly grow over decades. Employer 401(k) matches remain underused. Early habits now can secure stronger financial futures.