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The average 401(k) balance for five million Vanguard participants was $134,128 across all age ... Young Gen Xers who are just entering pre-retirement age have a median account balance of $60,763 ...
Average 401(k) plan balances reached $134,128 in 2023, ... That means if you’re earning $75,000, your retirement account balance should be around $225,000 when you turn 40.
The increase reflects a long-term trend of each generation increasing their account balances — sometimes considerably. ... and a 401(k) balance totaling $242,200 would provide only around $9,688 ...
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 ...
Average 401(k) account balance by age. Fidelity regularly posts updated aggregated data for its 401(k) plan customers, offering up insights as to where the crowd currently stands. Its most recent ...
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 groups, the average balance ...
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