Understanding median vs average 401k requires examining multiple perspectives and considerations. Median401k Balance by Age: Where Americans Really Stand in 2025. See how the median401k balance by age highlights real U.S. retirement savings trends—and where typical workers actually stand in 2025. This Is the Average 401(k) Balance for Retirees Age 60 and Older.
So the average 401 (k) balances are technically correct, but they don't really reflect a typical saver. The median figures are more representative of the group. How much Americans have in their 401(k)s at every income level.
Notably, the average balances are significantly higher than the median balances. The median is often a more representative figure, however, because averages can be skewed if a small number of... Additionally, average 401 (k) Balance by Age (2025 Edition): Are You Behind?. From another angle, vanguard’s 2024 report showed that average 401 (k) balances increased by 19% compared to the previous year, a positive indicator for retirement savers.
However, median balances consistently fall well below the averages across all age groups, revealing a substantial disparity in retirement savings. Another key aspect involves, average retirement savings by age | Fidelity. Millennials have an average 401 (k) balance of $67,300. The average IRA balance is $25,109. Gen Z investors have an average 401 (k) balance of $13,500 and an average IRA balance of $6,672. It's easy to feel like everyone has their financial act together—everyone, that is, except you.
The Average 401(k) Balance by Age and Generation - Kiplinger. Here’s the average 401 (k) balance by generation and age as of June 30, 2025, according to Fidelity's report, which is based on the 24.6 million 401 (k) accounts it manages. How much each age group has saved in their 401 (k) - USA TODAY. For example, you might wonder how your 401 (k) account balance compares to others your age.
Similarly, in the table below, you'll find average -- and median -- 401 (k) balances for a bunch of age... 401k Statistics: what is the average 401(k) balance?. Learn all about the average retirement savings in the US for different categories, including age, location, and income level. It's important to note that, average and Median 401(k) Account Balances in 2023 - Capitalize. Equally important, below, we will offer a closer look at how balances change according to age and tenure. When studying the entire 401 (k) account population, it is important to base the analysis on a representative cross-section of accounts, as Capitalize has done following the methodology of this study.
Another key aspect involves, the Average American's 401(k) Balance May Surprise You. The median 401(k) balance, however, is only $38,176. Now, you may have fallen asleep in Statistics 101 back when you were forced to take it, so here's what this means.
📝 Summary
Learning about median vs average 401k is important for those who want to this subject. The details covered here serves as a solid foundation for further exploration.
It's our hope that this guide has provided you with helpful information about median vs average 401k.