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The average 401(k) balance for five million Vanguard participants was $134,128 across all age groups in 2023, ... for a solid road to a comfortable retirement. Average 401(k) balance by age.
Across all age groups, the average 401(k) balance is $112,572. This number may be skewed by extremely high-earning outliers, however. The median may be a better figure to gauge where most ...
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 ...
This is the average 401(k) balance for every age group According to Fidelity's data from the second quarter of 2024, here is the average 401(k) balance for people of different ages: Gen Z: $12,000
While the average 401(k) balance shouldn't necessarily guide your saving strategy, it can sometimes be helpful to see where you stand. ... Age Group. Average 401(k) Balance. Median 401(k) Balance ...
The average person age 65 and older has $272,588 in his or her 401(k), according to the latest data from retirement giant Vanguard. While the average 401(k) participant has $272,588, the median ...
The average 401(k) balance by age. According to data from Vanguard's "How America Saves 2024" report, here's how much money Americans within different age groups have in their 401(k) plans. Age.
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 . That means half of 401(k) plan ...
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