When it comes to saving for retirement, everyone's situation is different. While one person may be able to survive on a couple of hundred thousand dollars over several decades, another person may need well over a million dollars just to make ends meet throughout retirement.
For that reason, comparing your 401(k) balance to someone else's is like comparing apples and oranges. That said, it's hard not to be curious about what your friends, neighbors, and coworkers have saved for retirement.
Katie Brockman | The Motley Fool