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Here's a look at average 401(k) balances for people in different age groups: Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
Image source: Getty Images. Average 401(k) balance for workers age 35 to 44. By the end of 2023, the average 401(k) balance for those aged 35 to 44 clocked in at $91,281. Meanwhile, across all age ...
The median 401(k) balance for the same participants — the middle number when you line up all balances from lowest to highest — paints a different picture at just $35,286, almost $100,000 less ...
Among all workers across generations, the average 401(k) balance is $134,128, according to the 2024 report. The median balance may be more telling, however, as the average may be skewed by ...
Median 401(k) balance. Younger than 25. $7,351. $2,816. 25-34. $37,557. $14,933. 35-44. ... (and many others) can give you a more representative idea of a typical value in the group of numbers ...
The average 401(k) balance for those aged 45 to 54 is $168,646 as of the end of 2023. That's according to Vanguard's How America Saves 2024 report, which dives into savings habits of nearly 5 ...
Retirement is incredibly expensive, and it's more important than ever to have a healthy nest egg heading into your senior years. The average U.S. adult predicts that a comfortable retirement will ...
Its most recent "How America Saves" report indicates that the average 401(k) account for the 35- to 44-year-olds participating in its workplace retirements plans is worth $91,281. A person at a ...