News

Vanguard, in its How America Saves 2024 report (based on 2023 data), found that plan participants between the ages of 45 and 54 had an average 401(k) balance of $168,646, with a median balance of ...
The average 401(k) balance for someone in the 35 to 44 age group is $91,281. There are some things you should keep in mind. For one thing, this tells the average balance in Vanguard 401(k) ...
To help you better prepare for retirement, we’ve compiled an analysis of the average 401(k) balances by age. An employer-sponsored 401(k) plan is your best tool for retirement investing.
This is the average 401(k) balance by age According to Vanguard's How America Saves , report, here are the median and average 401(k) account balances for people of different age groups.
We see this happen slightly in the median 401(k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).
You could reach the average in as little as eight years. The average 401(k) balance was $134,128 in 2024, according to Vanguard's "How America Saves" report. However, the median balance -- a ...
The report found that employees deferred a milestone 9.5% into 401(k) plans during the first quarter, and companies contributed 4.8%. The combined 14.3% rate is the closest it’s ever been to ...
How much is the average 401(k) match worth? A 401(k) match typically pays $1 or $0.50 for every dollar you contribute up to a certain percentage of your income. Each company sets its own formula ...
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. While the average 401(k) participant has $272,588, the median ...
In 2024, the average 401(k) balance among those 55 to 64 years old is $244,750. However, the median may be a more accurate representation of the typical worker's savings, as the average can be ...