Total Yearly Expenditures for a Single Person in the USA - KamilTaylan.blog
20 June 2022 4:58

Total Yearly Expenditures for a Single Person in the USA

What is the average 401K balance at age 65?

To help you maximize your retirement dollars, the 401k is an employer-sponsored plan that allows you to save for retirement in a tax-sheltered way.



The Average 401k Balance by Age.

AGE AVERAGE 401K BALANCE MEDIAN 401K BALANCE
35-44 $86,582 $32,664
45-54 $161,079 $56,722
55-64 $232,379 $84,714
65+ $255,151 $82,297

How much does the average 60 year old have in savings?

$172,000

Americans in their 30s: $45,000. Americans in their 40s: $63,000. Americans in their 50s: $117,000. Americans in their 60s: $172,000.

What is a good net worth by age?

The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.



Average net worth by age.

Age of head of family Median net worth Average net worth
35-44 $91,300 $436,200
45-54 $168,600 $833,200
55-64 $212,500 $1,175,900
65-74 $266,400 $1,217,700