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But while the average 401(k) balance reported by Fidelity Investments is $125,900, retirement savings for many Americans across the U.S. are much lower — particularly if you live in one of a ...
The cheapest retirement state in 2025 is West Virginia, where you’ll need an estimated $712,913 in savings and an annual budget of $50,954 to retire in comfort, according to new data released ...
The wealthiest state for average retirement savings is Connecticut, at $545,754, with Alaska and Vermont following closely at $503,822 and $494,569, respectively.
This article includes a list of U.S. states that have highest portion of savings (i.e. pensions, investment products, 401(k)); regular savings account, certificate of deposit, or Individual Retirement Account. The increase in people has also increased the Nest Egg index within a given year.
Washington rounds out the top 10 with an average retirement savings of $469,987. The state’s financial health is high, too, ranking third in the nation with a score of 6.65 out of 10.
Connecticut residents have the highest retirement savings account balances out of the entire country with an average of $523,568 saved per household, according to Personal Capital.
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