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Average 401(k) plan balances reached $134,128 in 2023, up from $112,572 in 2022 and down from $141,542 in 2021, according to Vanguard’s “How America Saves 2024” report.
In the most recent report released in 2023, Vanguard revealed that the average 401 (k) balance among those aged 55 to 64 is $207,874. However, the median balance may be more telling than the ...
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 ...
investor .vanguard .com. The Vanguard Group, Inc. (commonly known as simply Vanguard) is an American registered investment advisor founded on May 1, 1975 and based in Malvern, Pennsylvania, with about $9.3 trillion in global assets under management as of May 2024. [ 3] It is the largest provider of mutual funds and the second-largest provider ...
The average balance in a 401(k) accountfor American workers between the ages of 55 and 64 was $207,874 in 2022, while the median was only $71,168, according to Vanguard's analysis of nearly 5 ...
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 balance in a 401 (k) account for American workers 65 and older was $232,710 in 2022, while the median was only $70,620, according to a Vanguard analysis. Averages may tilt higher than ...
The average 401 (k) balance in 2023, according to Vanguard's How America Saves report, was $134,128. But this paints a somewhat inaccurate picture of how the ordinary worker is doing. Averages are ...
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