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The data comes from mutual fund company and retirement plan administrator Vanguard Group. ... account for the 35- to 44-year-olds participating in its workplace retirements plans is worth $91,281.
Vanguard is a financial advisory firm well known for its retirement management services. Its robo-advisor features low fees, socially responsible investments and access to actively managed funds ...
The Vanguard Group, Inc. (commonly known as simply Vanguard) is an American registered investment advisor founded on May 1, 1975 and based in Malvern, Pennsylvania, with about $9.3 trillion in global assets under management as of May 2024. [3]
Average 401 (k) plan balances reached $134,128 in 2023, up from $112,572 in 2022 and down from $141,542 in 2021, according to Vanguard’s “How America Saves 2024” report.
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 is $87,571.
A Wikipedia page that provides information about the Thrift Savings Plan, a retirement savings and investment plan for federal employees.
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