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

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 ...

According to Fidelity, the average 401(k) balance for the 60-to-69 age group is $182,100. It suggests that by age 60, you should have eight times your annual salary saved.

While individual needs may vary, here’s a look at the average 401(k) balances by age according to Fidelity’s 2023 data: Average Age. Average 401(k) Balance. 20s. $17,700. 30s. $56,200. 40s.

The report includes a breakdown of account balances among Vanguard 401(k) participants, separated by age. Among all workers across generations, the average 401(k) balance is $134,128, according to ...

Knowing what others have saved in their 401(k)s may provide a benchmark for your savings. After learning the average 401(k) balance by age, use it to guide your efforts.

Here's the average 401(k) balance for retirees age 65 and older. While the average 401(k) balance across all age groups stood at $134,128 at the end of 2023, it's those 65 and older who lead the pack.

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 .

Retirement may seem irrelevant if you’re far from your 60th birthday — but the average 401(k) balance by age could have you rethinking your approach. Last Updated: Feb 28, 2025 Contact Us ...

The report includes a breakdown of account balances among Vanguard 401(k) participants, separated by age. Among all workers across generations, the average 401(k) balance is $134,128, according to ...

Source: Vanguard, “How America Saves 2025” Age 25 and younger. Average 401(k) balance: $6,899. Median 401(k) balance: $1,948. The median balance for people just getting started in their ...