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Average 401(k) balance by age. ... Here's how age groups stack up on average and median 401(k) balances as of 2024: Age. Average account balance. Median account balance. 25 and younger.
Age 25 and younger. Average 401(k) balance: $7,351. Median 401(k) balance: $2,816. The median balance for people just getting started in their careers is $2,816 . That means half of 401(k) plan ...
This is the average 401(k) balance for every age group. ... The median annual income in 2024 for Americans 45 to 54 is around $68,432, according to data from the U.S. Bureau of Labor Statistics ...
Across all age groups, the average 401(k) balance is $112,572. This number may be skewed by extremely high-earning outliers, however. ... Age. Average 401(k) Balance. Median 401(k) balance. Under ...
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 ...
According to the report, the median 401(k) balance in this age group is just $87,571. The simplest trick for saving more While $87,000 is still a healthy amount of money, it may not last more than ...
Below you can see the average and median 401(k) balances for people in their 40s and beyond. ... a balance of $555,621 at age 65 when they retire would give them around $22,000 in annual income in ...
Here's a look at the average 401(k) balances for people in various age groups. A person in a cowboy hat outdoors, smiling. ... Average 401(k) balance. Median 401(k) balance. Younger than 25 ...