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The average 401(k) balance for five million Vanguard participants was $134,128 across all age groups in 2023, according to the firm's How America Saves report. However, this figure doesn’t ...
The report includes a breakdown of account balances among Vanguard 401(k) participants, separated by age. Among all workers across generations, the average 401(k) balance is $134,128, according to ...
While the average 401(k) participant has $272,588, the median balance for this age group is $88,488. Overall, 28% of 401(k)s held at Vanguard have less than $10,000 in them, and small-balance ...
These are the average and median balances for specific age groups at the end of 2023, according to Vanguard, ... Age 25 and younger. Average 401(k) balance: $7,351. Median 401(k) balance: $2,816 ...
It's critical to have a savings goal unique to your situation, but sometimes it helps to see how you compare.
The average 401(k) balance for retirees age 65 and older. The data comes from mutual fund giant and retirement plan manager Vanguard. In its 2023 "How America Saves" report, Vanguard says the ...
The average balance in a 401(k) account for American workers 65 and older was $232,710 in 2022, while the median was only $70,620, according to a Vanguard analysis. Averages may tilt higher than ...
While the average 401(k) balance across all age groups stood at $134,128 at the end of 2023, it's those 65 and older who lead the pack. According to a Vanguard analysis of nearly 5 million ...
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