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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 ...
According to recent research from Fidelity Investments based on 26,100 corporate defined contribution plans and 24 million participants, the average 401(k) balance is $127,100. Don't miss
Add your Social Security benefits and any other retirement income before drawing any conclusions. ... Average 401(k) balance. Median 401(k) balance. Younger than 25. $7,351. $2,816. 25-34. $37,557 ...
The average balance is quite a bit higher, skewed by those who are able to save more in their 401(k). ... That same $75,000 salary would equate to a 401(k) balance of $450,000 by the time you ...
The average 401(k) balance among near-retirees Vanguard reports that the average 401(k) balance among Americans aged 55 to 64 is $244,750. However, the median 401(k) balance among that age group ...
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 stood at $134,128. Meanwhile, across all age ...