retired couple relaxing in the backyard
Mark (not pictured) is enjoying a comfortable retirement.
  • Mark, 65, amassed over $2 million in retirement savings by maximizing his 401(k) contributions.
  • He benefited from steady employment, low living costs, and delaying parenthood.
  • Mark advises saving early, leveraging Roth accounts, and maintaining consistent contributions.

For many people at or near retirement age, the outlook is dire.