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Roth IRA. Average 401 (k) balance: $207,874. Median 401 (k) balance: $71,168. bonds. How much money you’ll need to retire. 4 percent rule multiply it by 25. Social Security. Compare with...
The Currency. Life. The average 401 (k) balance by age. Facebook X LinkedIn Print Email. By Paul Deer, CFP®. 01.25.2024. One of the most common investment vehicles that Americans use to save for retirement is a 401 (k).
Feb 6, 2024 · Ages 25-34. Average 401 (k) balance: $30,017. Median 401 (k) balance: $11,357. Again, the average 401 (k) balance is more than twice the median balance, reflecting the larger savings capacity...
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