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55 64 Age Group

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Retirement Readiness of 55-64 Year Olds Revealed by Savings Data

Originally Published 17 days ago — by Yahoo Finance

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Source: Yahoo Finance

Americans aged 55-64 have an average of $8,000 in savings, with many holding significant assets in retirement accounts and other investments. While their savings are growing with age, experts advise increasing contributions and strategic investments to ensure long-term retirement readiness, especially as retirement can last over 30 years.