On the other hand, the median 401(k) balance for people in their 50s is $64,300, per Fidelity's data. Here's how much Americans have in their 401(k)s by age, according to Fidelity. And that's just among people who have 401(k) retirement investment accounts. Some 20% of adults ...
The median 401(k) balance for people in their 30s is around $22,100 as of the first quarter of 2024, per the latest data from Fidelity Investments, one of the country's largest 401(k) providers. Here's how much Americans have in their 401(k)s by age, according to Fidelity. To be...
Integrity Pictures Inc | The Image Bank | Getty Images The average American believes they'll need to save $1.8 million for their post-work years, according to Charles Schwab's "2024 401(k) Participant Study." However, most Americans in their 50s have much less than that stashed away for...