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The average 401(k) balance for five million Vanguard participants was $134,128 across all age groups in 2023, according to the firm's How America Saves report. However, this figure doesn’t ...
Average 401(k) plan balances reached $134,128 in 2023, ... That same $75,000 salary would equate to a 401(k) balance of $450,000 by the time you reach 50. The median balance for those aged 45-54 ...
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 ...
The average 401(k) balance for someone in the 35 to 44 age group is $91,281. ... The average salary in this age group is about $67,600, so that would mean a target 401(k) balance of approximately ...
According to recent research from Fidelity Investments based on 26,100 corporate ... Fidelity's summary of Q2 2023 data revealed a double-digit increase in average 401(k) balances for nearly every ...
Below you can see the average and median 401(k) balances for people in their 40s and beyond. The data is from Empower’s free online financial dashboard which is used by over 3 million Americans ...
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 ...
It's critical to have a savings goal unique to your situation, but sometimes it helps to see how you compare.