We all know that comparing ourselves to others can be a slippery slope, but when it comes to retirement savings, it's hard ...

Saving for retirement is a luxury that not everyone has, and even those with the means to put cash aside don't always save at ...

Fact checked by Vikki Velasquez Key Takeaways The average 401(k) balance for people in their 60s was $568,040 in June 2025. The median amount saved was much lower, at $188,792.How much you need to ...

That said, based on its most recent report, Vanguard puts the average 401 (k) balance among savers today at $148,153. The median 401 (k) balance, however, is only $38,176.

These average and median 401(k) balances tell us a lot. Recall what a median number is -- it's the middle number in a series of numbers arranged in order. So if your series is 78, 101, 135, 204, and ...

Auto-enroll and auto-increase features can boost your 401(k) balance by $50K. Here’s how to take advantage -- even if your ...

The median 401(k) balance for 60-somethings is $187,957 (Empower) or $95,642 (Vanguard). Here's how to catch up if you're ...

Many people in the U.S. are already retired by the age of 70. The average 401(k) balance among those in their 70s isn't as high as you might expect it to be. Retirees often need to rely on money in ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Betsy began her career in international finance and it has ...

Working Americans are often told to try to set aside 15% to 20% of their income for retirement. And inevitably, many fail to do that. That's understandable, though. It's by no means easy to part with ...

But what if you're a baby boomer with nowhere near that much socked away? Or a younger investor who doesn't think they'll ever get there? I say: Don't sweat it too much. Think about what you'll need, ...