While Vanguard's newly released "How America Saves" yearly report reveals that Americans' 401 (k) savings rates are at record highs — making up an average $148,153 balance and a median $38,176 balance ...

The median balance for people just getting started in their careers is $1,948. That means half of 401 (k) plan participants ...

By age 30, Fidelity recommends having the equivalent of one year’s salary stashed in your workplace retirement plan. So, if you make $50,000, your 401 (k) balance should be $50,000 by the time ...

Average 401(k) retirement balances fell 3% from late last year through the first three months this year, according to ...

Are you curious to know how your balance compares to the average today? Fidelity has fresh data on IRA balances. But you may not like what you see.

Workers in their 50s have kept contributions steady, but many still fall short of recommended retirement savings targets ...

Here's how average 401 (k) and IRA balances actually stack up across the generations—and what that might say about your own retirement game.

Table Source: Federal Reserve: Survey of Consumer Finances, 2023. For more details on specific retirement accounts, consider the average 401 (k) and IRA balances in the table below.

Don't. First, realize that $121,983 is the average IRA balance across all age groups. If you're 32 years old, you can't compare yourself to an IRA saver who's 59.

But earning a higher salary can help you save more, as long as you increase your contributions along with your income. So it ...