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Average 401(k) plan balances reached $112,572 in 2022, down from $141,542 in 2021 and $129,157 in 2020, ... Fidelity says by age 60 you should have eight times your current salary saved up. So, if ...
The report found that the average balance in a 401(k) account surged 15% in 2023. Health Savings Account balances went up 11% over the same time period as well. Health Savings Account balances ...
The average 401(k) balance in the United States stood at $112,400 at the end of the 2023 second quarter. That was up from $108,200 the previous quarter and $103,800 the previous year.
According to the latest findings, the average 401(k) balance was $141,542 in 2021. That’s an increase of about 10% from 2020. As you might imagine, the average balance varies quite a bit ...
The average 401(k) balance in 2022 was just $112,572, according to data from Vanguard. That’s barely enough to cover your living expenses for two years in many parts of the country.
The average balance of Vanguard 401(k) accounts dropped to $112,600 in 2022... Stock market slumps are always bad for retirement savings plans, and the slump that hit in 2022 was particularly ...
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