This Is the Average 401(k) Balance for Ages 35 to 44
Where do you stack up against your age-based peers?
Most investors understand that retirement nest eggs are built over time rather than overnight, with steady contributions to the cause. This reality brings up a question, though. That is, how much does the typical person have in their 401(k) account between the relatively young ages of 35 and 44?
Spoiler alert: probably not as much as you might think.
The data comes from fund company and retirement plan administrator Vanguard. In its 2024 report based on its look at each if its plans' participants' savings as of 2023, the mutual fund giant says the average 401(k) balance for 35- to 44-year-olds -- you know them as millennials, mostly -- is a respectable $91,281.
