Many averages are heavily skewed by outlier numbers. Median numbers are often more illuminating. Paying off debts can increase your net worth over time. Be sure to focus on the median numbers, not the ...
These average and median 401(k) balances tell us a lot. Recall what a median number is -- it's the middle number in a series of numbers arranged in order. So if your series is 78, 101, 135, 204, and ...
Be sure you understand the difference between average and median numbers. When it comes to 401(k) balances, both average and median numbers seem low. It's best to aim for a much fatter nest egg. The ...
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