401K

  • young woman holding money taking a selfie

    The Average 401K Balance For Americans Under 30 Is Very, Very Low

    Why is the average 401K balance for Americans under 30 so incredibly low? Are they really in trouble or is the data skewed?

    When you’re in your 20s, the last thing you want to think about is investing money that you likely won’t touch for 40-plus years. But here’s the harsh truth: that is EXACTLY the thing that you should be thinking about.…

  • average 401K balance by age

    The Average 401K Balance By Age Is Much Higher For People Who Track Their Finances

    In a few charts, we will take a look at the actual estimated average 401k balance by age and how much higher it would be if everyone tracked their finances.

    Have you ever thought about how much your peer group has saved in their 401k plans? What about how your own 401K might look if you actually maxed out your 401k every year? In a few simple charts below, we…

  • 401K savings

    Average 401(k) Balance and Savings Rates Reach Record Highs

    Today, new 401K stats have come out to show us that people are saving more for retirement than ever. And that 401K balances are way up this year

    Saving for retirement, while essential, is not always the most exciting use of money. You have to put off today’s wants for financial security at some undisclosed time in the future. That is probably why the average 401K balance for…