Here's How Much Money You Can Retire With If You Save $100 a Week in Your 401(K)

Getty Images

The average American in their 60s has more than $200,000 in their 401(k).

If you start contributing early enough in your career, you may be able to double or even triple that number by investing a small percentage of your paycheck each week.

CNBC crunched the numbers, and we can tell you how much you will have for retirement if you save $100 per week in your 401(k) throughout your career.  

Here's a case study.

The numbers do not account for future changes to contribution limits, employer matches, taxes or any curveballs life may throw at you. So plan accordingly. 

Check out this video for a full breakdown.

More from Invest in You:
How Walmart and other big companies are trying to recruit more teenage employees
Americans are more in debt than ever and experts say 'money disorders' may be to blame
How much money do you need to retire? Start with $1.7 million

SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.

CHECK OUT: Grow with Acorns+CNBC.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Copyright CNBCs - CNBC
Contact Us