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Ages 45-54. Average 401(k) balance: $168,646. Median 401(k) balance: $60,763. During this decade you may be getting a larger paycheck than ever, and perhaps you can maximize your 401(k) plan.
The average 401(k) balance for retirees age 65 and older is $272,588, according to Vanguard's analysis of nearly 5 million accounts at the end of 2023. While that number isn't bad, ...
Image source: Getty Images. How much do retirees 65 and older actually have saved? The average 401(k) balance for retirees age 65 and older is $272,588, according to Vanguard's analysis of nearly ...
Image source: Getty Images. What is the average 401(k) balance for those aged 45 to 54? The average 401(k) balance for those aged 45 to 54 is $168,646 as of the end of 2023. That's according to ...
By the end of 2023, Vanguard found that the average 401(k) balance for those ages 55 to 64 was $244,750. That's not too bad, especially when combined with savings in other retirement accounts.
Its 2024 report revealed that the average 401(k) balance among Vanguard account holders ages 55 to 64 is $244,750. The median figure (which may be more accurate as it accounts for extreme outliers ...
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