How much should I have in my 401(k) by age 30?‍By age 30, you should ideally have saved 1x your annual salary in your 401(k). For example, if you earn $70,000, aim for $70,000 in retirement savings.
A $1,900 early 401(k) withdrawal at age 20 costs $168,000 in lost retirement savings due to compound growth, while hardship withdrawals have tripled from 2% pre-pandemic to 6% in 2025 despite a ...