Each year, Vanguard compiles data on 401 (k) savings rate. In its most recent report, it found that the average 401 (k) ...
How did your 401(k) balance rank vs savers your age and generation in the second quarter? Learn the keys to building a 7-figure retirement balance.
Vanguard recently shared an update on 401 (k) plans, and it found that the average American aged 45 to 54 has a 401 (k) ...
Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...
These average and median 401(k) balances tell us a lot. Recall what a median number is -- it's the middle number in a series of numbers arranged in order. So if your series is 78, 101, 135, 204, and ...
Working Americans are often told to try to set aside 15% to 20% of their income for retirement. And inevitably, many fail to do that. That's understandable, though. It's by no means easy to part with ...
That said, based on 2024 data, Vanguard reports the average 401 (k) balance among savers of all ages today at $148,153. The ...
A record number of Americans have reached 401(k) millionaire status, with millennials leading the pack, according to a new ...
Many people in the U.S. are already retired by the age of 70. The average 401(k) balance among those in their 70s isn't as high as you might expect it to be. Retirees often need to rely on money in ...
It can be difficult to know how much you need to save for retirement. There's no one right answer, but publicly available data can serve as a guide. Even this data must be evaluated in the context of ...
The 401(k) account is one of the most common retirement savings accounts that employers offer their workers. Employees are able to contribute pre-tax dollars to these accounts and invest them ...