MoneywiseFri, Jul 4, 2025, 11:12 PM 8 min readIn This Article:lucigerma/EnvatoMoneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.If you’re planning your own retirement, you probably have a retirement savings goal in mind. Americans believe the “magic number” they need to retire comfortably is $1.26 million, according to a survey by Northwestern Mutual.Comparing your number with the actual net worth of retirement-age seniors should give you an idea of how realistic your long-term financial plan is and what kind of lifestyle you can expect in your golden years.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 4 of the easiest ways you can catch up (and fast)No millions? No problem. With as little as $10, here’s how you can access this $1B private real estate fund of diversified assets usually only available to major playersHere are the six levels of wealth for senior-led households between the ages of 65 and 69, based on the Federal Reserve’s Survey of Consumer Finances from 2022.Seniors with a net worth of less than $69,500 fall into the bottom 25% of retirees. This group is particularly vulnerable to financial shocks and highly dependent on public safety net programs such as Social Security and Medicare.If you’re approaching retirement with less than this number, it could be a good idea to look for additional income, more ways to save money or even potentially delay your retirement to be less vulnerable in your senior years.Invest in GoldIf you’re just starting to think about your retirement, it’s important to start saving immediately. The best part? You don’t need a lot of money to start saving for your long-term financial goals. With that said, the sooner you start the more time you have to earn interest.On that note, it can also pay to make sure you're getting the highest interest rate you can on any savings accounts you have.The median net worth of these households is $394,000, according to the Federal Reserve. If your wealth is under this benchmark, around half of all senior households in this age group are wealthier than you.This cohort isn’t necessarily financially vulnerable. However, this is far from a comfortable retirement. Seniors in this bracket may be forced into a tight budget, cutting costs where possible.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,279.35 +51.93 (+0.83%)Dow 3044,828.53 +344.11 (+0.77%)Nasdaq20,601.10 +207.97 (+1.02%)Russell 20002,249.04 +22.66 (+1.02%)VIX17.48 +1.10 (+6.72%)Gold3,346.50 +3.60 (+0.11%)PortfolioSign in to access your portfolioSign inTop gainersBMNR Bitmine Immersion Technologies, Inc. 135.00 +76.50 (+130.77%)RUN Sunrun Inc. 10.50 +1.51 (+16.80%)TRIP Tripadvisor, Inc. 17.50 +2.51 (+16.74%)DDOG Datadog, Inc. 155.15 +20.14 (+14.92%)SYM Symbotic Inc. 47.91 +5.71 (+13.53%)Top losersLEN Lennar Corporation 110.12 -4.69 (-4.09%)LEN-B Lennar Corporation 105.62 -4.37 (-3.97%)ESGRP Enstar Group Limited 19.45 -0.79 (-3.91%)HOOD Robinhood Markets, Inc. 94.40 -3.58 (-3.65%)BG Bunge Global SA 78.44 -2.95 (-3.62%)Most activeLCID Lucid Group, Inc. 2.1600 +0.1100 (+5.37%)NVDA NVIDIA Corporation 159.34 +2.09 (+1.33%)INTC Intel Corporation 22.49 +0.61 (+2.79%)F Ford Motor Company 11.81 +0.04 (+0.34%)TSLA Tesla, Inc. 315.35 -0.30 (-0.10%)Earnings eventsTrending tickersLKNCY Luckin Coffee Inc. 38.49 +0.50 (+1.32%)TSLA Tesla, Inc. 315.35 -0.30 (-0.10%)LRCX Lam Research Corporation 98.81 -0.02 (-0.02%)STZ Constellation Brands, Inc. 172.32 -1.55 (-0.89%)SOUN SoundHound AI, Inc. 11.09 -0.16 (-1.42%)Top economic eventsPowered by Money.com - Yahoo may earn commission from the links above.