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How Much Does the Average Person Have in Retirement Savings? U.S. retirement accounts have an average balance of $87,000, according to most recent Federal Reserve Survey of Consumer Finances ...
In 2022, Vanguard published the following average balances of retirement savings by age group. 25 to 34 years: $30,017. 35 to 44 years: $76,354. 45 to 54 years: $142,069.
The median household has about $185,000 in retirement savings between the ages of 55 and 64. Although this sounds like a lot of money, it’s about one-fourth of what most financial experts ...
A Vanguard study found those between 55 and 64 held an average of roughly $256,000. But this includes high income earners; breaking the figures down, it shrinks to a median of about $90,000.
Here’s a breakdown of the data by age bracket, including the median value of retirement accounts and percentage of those with such accounts. All families : $87,000, 54.4% Under 35 : $18,880, 49.6%
When looking at the average retirement savings for married couples by age, the data is sobering. Even if you save more than the recommended amounts and plan to apply for Social Security benefits ...
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