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This article includes a list of U.S. states that have highest portion of savings (i.e. pensions, investment products, 401(k)); regular savings account, certificate of deposit, or Individual Retirement Account. The increase in people has also increased the Nest Egg index within a given year.
Minnesota’s retirement savings ranks ninth on the list, claiming the ninth spot with an average of $470,549. The Land of 10,000 Lakes gives its residents a solid foundation for their retirement ...
MoneyGeek reports on personal savings by income level, demographic, educational attainment and more.
Data source: Federal Reserve 2022 Survey of Consumer Finances. As shown above, the median American household reported a retirement account balance of $87,000 and a net worth of $192,700 in the ...
The latest Federal Reserve Survey of Consumer Finances found that Americans between the ages of 65 and 74 had an average savings account balance of $60,400. However, that savings number does drop ...
Texas has the highest median household income of states on our list at $75,780, yet the same average 401(k) balance as Florida and Tennessee — two states tied with the Lone Star State for ...
Connecticut residents have the highest retirement savings account balances out of the entire country with an average of $523,568 saved per household, according to Personal Capital.
Generally, savings increase as people age, peaking for those between 65 and 74 with an average balance of $100,250. ... Homeowners have an average savings balance of $85,430, while renters average ...