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There's no such thing as a normal amount but yes, that's probably more than average. Would you believe a lot of people don't contribute enough to get the free money offered by their employers?

At your age, I think you can afford to post most of your savings at risk but positioned for long term growth. If you worked through Fidelity's online retirement savings calculators, they'll probably tell you that you fit an aggressive investment allocation model. Sticking money into an annuity at your age doesn't seem like the best choice.

Here are some articles that may help you make an informed decision about this:

If individual equity or ETF investing is something that interests you, then take some cash and dip your toe in the water. Gain some experience and confidence and you might find you enjoy having this control over your financial future. There are a lot of resources here on the public to help you, starting with the 13 Steps at Fool School:

You may even want to consider one of the TMF Premium Subscription Services to give you investment ideas and investment education. The advisory services can be as low as $199/yr and offer 30 day money back trials. There are also real money portfolio services that open periodically during the year where TMF puts up their own money and invites you to invest along with them.

Who brings this back to point by saying if you've contributed at least 6% to your 401k and maxed out your Roth IRAs, then the next priority should be your other savings goals and if after making reasonable contributions there, returning to your 401k until you hit your maximum contribution is a reasonable measure, and if you still have funds left over, you are way ahead of the game...
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