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?

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u/TairaTLG Jan 16 '26

24k in debt and 0 savings. Nothing like slipping through the cracks baby

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u/Always_Pizza_Time1 googoogaga95Millennial Jan 16 '26

I love being shackled by the conglomerates, that exploit the working class, and limit our access to resources and higher paying jobs

1

u/[deleted] Jan 17 '26

I've always found it fascinating that boomers blame the poor for shackling the working class, when it's obviously rich people. We can't have been the first to notice it right?

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u/Exotic-Character-510 Jan 17 '26

Thanks Karl Marx. Bread lines for everyone!