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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 ...
Vanguard's number-crunching also indicates the median 401(k) balance -- that's the value of an account at the midpoint of all the accounts in question. The median for this age group is only $35,537.
The average 401(k) balance among near-retirees 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 ...
65 and older. $272,588. $88,488. All age groups. $134,128. $35,286. Data source: How America Saves 2024, Vanguard. Truth be told, it might be surprising that the average 401 (k) balance for those ...
Across all age groups, the average 401(k) balance is $112,572. This number may be skewed by extremely high-earning outliers, however. The median may be a better figure to gauge where most ...
In the latest report released in 2024, Vanguard found the average 401(k) balance across all age groups is $134,128. For those aged 35 to 44, however, the average balance is much lower at $91,281.
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