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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. This is significantly higher than the average balance of ...
Average 401(k) balance by age. ... Age 65 and older. Average account balance: $272,588. Median account balance: $88,488. Folks at this age should have at least 10 times their salary saved ...
The average 401(k) balance for retirees age 65 and older is $272,588, according to Vanguard's analysis of nearly 5 million accounts at the end of 2023. While that number isn't bad, ...
Here's the average 401(k) balance for retirees age 65 and older. While the average 401(k) balance across all age groups stood at $134,128 at the end of 2023, it's those 65 and older who lead the ...
The average balance in a 401(k) account for American workers 65 and older was $232,710 in 2022, while the median was only $70,620, according to a Vanguard analysis. Averages may tilt higher than ...
This Is the Average 401(k) Balance for Retirees Age 65 and Older. ... An egg with 401k written on it sitting on top of a pile of money. ... the average 401(k) balance for someone 65 and older is ...
The average 401(k) balance among older adults Those age 65 and older tend to have far more in savings than younger generations. However, the average 401(k) balance is still just $272,588 ...
The average 401(k) balance for retirees age 65 and older. The data comes from mutual fund giant and retirement plan manager Vanguard. In its 2023 "How America Saves" report, Vanguard says the ...