Below are the median 401(k) balances by age group based on recent data from Vanguard's 2024 "How America Saves" report, which provides a comprehensive view of retirement savings trends:
Under 25: $2,816
25 to 34: $14,933
35 to 44: $35,537
45 to 54: $60,763
55 to 64: $87,571
65 and older: $88,488
These figures represent the median, which is a better indicator than the average for understanding typical savings, as it is less skewed by high-balance accounts.
50% of the population are poor as fuck
Please Login to reply.
This is true my friend 🤣
And they refuse to do something about it and have the best life raft available and choose to ignore it...
