How Much Is in Retirement Accounts (By Generation!) + Money Q&A

The Personal Finance Podcast

Andrew Giancola

Entrepreneurship, Investing, Business

4.6 • 1.2K Ratings

🗓️ 24 November 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Join the community built to help you master your money, stay accountable, and reach financial freedom. 👉 Join Master Money Academy today! In this episode of The Personal Finance Podcast, Andrew breaks down the average retirement savings for Gen Z, Millennials, Gen X, and Boomers using Fidelity's data, which will cover where each generation stands today, why compounding matters most for younger savers, how to catch up if you're behind, whether to slow down student loan payments to max your Roth IRA, if you should switch brokerages for fractional shares, and practical strategies for buying your first out-of-state rental property. Listen to The Business Show here. Partner Deals Indeed: Start hiring NOW with a SEVENTY-FIVE DOLLAR SPONSORED JOB CREDIT to upgrade your job post at Indeed.com/personalfinance Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/PFP Acorns: Start investing automatically with Acorns and get a $5 bonus at Acorns.com/PFP Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn’t affect your credit score. Get started at chime.com/ DELL: Get a new Dell AI PC starting at $749.99, at Dell.com/ai-pc. Policy Genius: Go to policygenius.com to get your free life insurance quote. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at shopify.com/pfp Wayfair: Shop outdoor furniture, grills, lawn games, and WAY more for WAY less DeleteMe: Go to https://joindeleteme.com/PFP20/ and Use Promo Code PFP for 20% off! Resources Mentioned Automate Your Money Checklist Rental Property Calculator Connect With Andrew on Social Media: Instagram TikTok Twitter Master Money Website Master Money Youtube Channel Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
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0:23.4	18 plus opt in best bet on the football at BetVictor.
0:23.3	18 plus opt in and bet on any football marketing at odds of evens or greater no, cash out seven-day expiry terms and conditions apply.
0:28.9	Gamblerware.org.
0:30.1	On this episode of the personal finance podcast, the average retirement savings by generation.
0:37.0	The average retirement savings by generation. What's up, everybody, and welcome to the Personal Finance Podcast.
0:59.9	I'm your host, Andrew, founder of MasterMoney.com.
1:02.8	And today on the Personal Finance Podcast, we're going to be talking about the average
1:07.0	retirement savings by generation.
1:09.8	If you guys have any questions, make sure you join the
1:11.9	Master Money newsletter by going to Mastermoney.com slash newsletter. And don't forget to follow us on
1:17.4	Spotify, Apple Podcast, YouTube, or whatever podcast player, you love listening to this podcast on.
1:23.1	And if you want to help out the show, consider leaving a five-star rating and review on Apple Podcasts,
1:27.9	Spotify, or your favorite podcast player. Now, today, we're going to be diving into the
1:33.7	average retirement savings by generation. And then we're going to be answering some of your
1:38.1	questions and doing a money Q&A in the second half of the show. And so I'm really excited to
1:43.0	dive into this because we are going to
1:44.1	be looking at data from Fidelity that shows the average retirement savings by generation.
	...

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