Data from the Federal Reserve’s most recent Survey of Consumer Finances (2022) indicates the median retirement savings account balance for all U.S. families stands at $87,000. Below are the median ...
Americans between the ages of 45 and 54 have saved an average ... t make anyone a millionaire. This is why average retirement savings for this age group stand at $426,070, less than $18,000 ...
It's tough to know if you're really on track with your retirement ... at the average 401(k) balances by age group. Warning: These numbers might just change how you view your own savings goals.