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Below are estimated United States retirement savings statistics by age for 2023, from surveys conducted between 2022 and 2023 (the newest data we have until 2026). You'll find the average retirement savings by age, along with median, and top 1% of savings.
For the top 10%, median retirement savings grew by $789,332. Average retirement savings by percentile of net worth (median) Data source: Federal Reserve (2023).
The Federal Reserve SCF defines retirement accounts as individual retirement accounts (IRAs), Keogh accounts, and employer-sponsored accounts like 401 (k) plans, 403 (b) plans, and thrift savings...
Perhaps the most official measure of American retirement savings comes from the Federal Reserve System. The Fed calculated average retirement account balances for individuals as of 2022, the...
The average retirement savings for all families is $333,940, according to the 2022 Survey of Consumer Finances. The median retirement savings for all families is $87,000.
You'll see average retirement savings, median retirement savings, top 1% retirement savings, and a retirement savings percentile calculator to rank a savings amount versus the adult population. Perhaps more relevantly, later see our retirement savings by age post.
According to retirement -plan provider Fidelity Investments, the rule of thumb is to save 10 times your income if you want to retire by age 67. Adjust this amount if you want to retire any...
Here’s how much Americans have saved for retirement at every age. On average, Americans have around $141,542 saved up for retirement, according to the “How America Saves 2022” report ...
Below you'll find generalized retirement savings benchmarks by age and current salary that might let you retire comfortably, using broad assumptions about factors including taxes and spending preferences.
Key Takeaways. The size of retirement nest eggs vary by generation. Baby Boomers are saving the most for retirement, and Gen Z the least. Experts recommend you aim to save 15% of your pretax...