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The average 401(k) balance for five million Vanguard participants was $134,128 across all age groups in 2023, ... Ages 45 to 54. Average account balance: $168,646. Median account balance: $60,763.
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 ...
The average 401(k) balance for those aged 45 to 54 lags behind older generations, coming in at $168,646 by the end of 2023. However, it's still higher than the overall average 401(k) balance ...
Ages 45-54. Average 401(k) balance: $168,646. Median 401(k) balance: $60,763. During this decade you may be getting a larger paycheck than ever, and perhaps you can maximize your 401(k) plan.
This Is the Average 401(k) Balance for Ages 45 to 54. Selena Maranjian, The Motley Fool. September 22, 2024 at 3:24 AM ... You'll find average 401(k) balances below. The data comes from Vanguard, ...
At that time, the average balances for each generation were, respectively, $7,100, $44,900, $145,500 and $215,000. ... The median annual income in 2024 for Americans 45 to 54 is around $68,432, ...
The average and median account balances could surprise you. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/ ...
45 to 54. $142,069. $48,301. 55 to 65. $207,874. $71,168. 65 and older. $232,710. $70,620. ... Saving for retirement isn't easy, but the right steps can help you beat the average 401(k) balance ...