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The average 401(k) balance for five ... for a solid road to a comfortable retirement. Average 401(k) balance by age. For tax year 2024, you can save as much as $23,000 in your 401(k), with that ...
Age 25 and younger. Average 401(k) balance: $7,351. Median 401(k) balance: $2,816. The median balance for people just getting started in their careers is $2,816 .
It's critical to have a savings goal unique to your situation, but sometimes it helps to see how you compare.
Age. Average 401(k) Balance. Median 401(k) balance. Under 25 years old. $5,236. $1,948. 25 to 34. ... Then as you get closer to retirement, your investments should gradually lean more conservative.
According to recent research from Fidelity Investments based on 26,100 corporate defined contribution plans and 24 million participants, ... This is the average 401(k) balance for every age group.
Age Group. Average 401(k) Balance. Median 401(k) Balance. Under 25. $7,351. $2,816. 25 to 34. ... If you were to save just $100 more per month while earning an 8% average annual return on your ...
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