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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 ...
These are the average and median balances for specific age groups at the end of 2022, according to Vanguard, ... Age 25 and younger. Average 401(k) balance: $5,236. Median 401(k) balance: $1,948 ...
The average 401 (k) balance for retirees age 65 and older. The data comes from mutual fund giant and retirement plan manager Vanguard. In its 2023 "How America Saves" report, Vanguard says the ...
The average American's 401(k) balance as of 2021 varied significantly by age, according to data from Vanguard. Obviously, the older you get the more money you likely have saved or accumulated in ...
In 2022, Vanguard published the following average balances of retirement savings by age group. 25 to 34 years: $30,017. 35 to 44 years: $76,354.
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.
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