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For instance, the median savings of those aged 35 to 44 is $45,000. The median is the number at which half the people in a group have saved more and half have saved less.
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.
Savings by age. Most retirement savings are accrued after the age of 35 (a trend that parallels the average net worth by age). Median retirement savings grow significantly every 10 years...
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.
Americans reported a median retirement account value of $87,000 in the most recent SCF, but the median balance varied substantially between different age groups.
On average, Americans have around $141,542 saved up for retirement, according to the “How America Saves 2022” report compiled by Vanguard, an investment firm that represents more than 30...
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 Points. The average American household reported a retirement account balance of $333,940 and a net worth of $1.06 million in the 2022 Survey of Consumer Finances (SCF). The median American...
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.
Below, we show the average and median retirement savings in the U.S. by age group: For people aged 35 and under, the median savings were $18,880, while this amount increased to $200,000 for those aged 65 to 74.