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 |