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The data goes to show that retirement savings aren't the same for everyone. ... for a solid road to a comfortable retirement. Average 401(k) balance by age. ... Ages 55 to 64. Average account ...
If they have other retirement savings -- such as an IRA or a 401(k) from a former employer -- it isn't included here. ... Based on the average 401(k) balance of $244,750, this translates to a safe ...
Age. Average 401(k) balance. Median 401(k) balance ... you can see that those aged 55 to 64 have an average balance of $244,750. That might seem pretty good, but these folks may be only one to 10 ...
You still have roughly 20 years before the conventional retirement age, so make the most of your savings opportunities. ... so increase your savings rate if you can. Ages 55-64. Average 401(k ...
The Federal Reserve SCF defines retirement accounts as individual retirement accounts (IRAs), Keogh accounts, and employer-sponsored accounts like 401(k) plans, 403(b) plans, and thrift savings ...
Therefore, we can't use this data to assume that the typical 55- to 64-year-old has just in $87,571 in total retirement savings. But at the same time, for many people, their 401(k) does represent ...