The average 401 (k) balance in 2024 was $132,300, but the median balance (the midpoint of all accounts) was significantly lower at around $35,000. That means a relatively small number of very large ...

You may have to spend carefully, adhere to a strict budget and plan ahead for extra costs, such as the occasional vacation or home repair. If you’re in this category, your retirement savings may ...

With so many moving pieces, everyone’s saving plan is different ... it’s also good to look at the median retirement savings. To see how you compare to other Americans’ retirement savings ...