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In My Mid-50s With $40,000 in 401k – How Can I Secure My Retirement in a High-Cost City?

Summary by 247wallst.com
Key Points A Reddit user is trying to figure out how to handle his retirement savings. He has thousands of dollars in credit card debt and just $40K saved for retirement. If he maxes out his 401(k) over the next 15 years, he should still be able to set himself up for a secure future. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has…

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247wallst.com broke the news in New York, United States on Friday, June 6, 2025.
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