You'll need savings of $225,000 by age 40, $450,000 by age 50 and $600,000 by age 60, based on Fidelity's calculations. However, each situation is different when it comes to retirement savings.

The chart below details the conditional median retirement account balance among ... Age. Median Savings in Retirement ...

As you can see from the table below, the median retirement savings for those aged 55-64 ($185,000) and 65-74 ($200,000) are far below that $1.26 million "magic number." Swipe to scroll ...

Savings by age 30: the equivalent of your annual salary saved; if you earn $55,000 per year, by your 30th birthday you should have $55,000 saved Savings by age 40 : three times your income Savings ...

If you were maxing out your 401k (at the current contribution limit of $18,500/year), had an employer match, and started full-time employment at age 22, you could, in theory, have between $507,500 ...

Retirement savings metrics are a bit more prescriptive. For instance, one popular example from Fidelity states you should have: 1x your current salary saved by age 30. 2x by 35. 3x by 40. 4x by 45 ...

The average retirement savings for all families was $333,940. Balances vary by age, with those 55-plus having the most in their accounts.

With that it mind, read on to see an age-based breakdown of Americans' retirement savings across different asset types. Image source: Getty Images. The median savings in retirement accounts: $87,000 ...

Image source: Getty Images. The median savings in retirement accounts: $87,000. The Federal Reserve SCF defines retirement accounts as individual retirement accounts (IRAs), Keogh accounts, and ...

Tips to Save for Retirement at Any Age. The Department of Labor provides these ideas for saving for retirement with adequate ongoing savings.. 1. Start Saving and Stick to Your Goals. Don’t let ...