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News  ›  The Motley Fool

Here's the Newest 401(k) Average Account Value by Age Group. Where Do You Stand?

The Motley Fool Logo The Motley Fool By James Brumley
Here's the Newest 401(k) Average Account Value by Age Group. Where Do You Stand?

A Fidelity Investments report reveals average 401(k) account values by age group, with Gen Z at $15,800 and Baby Boomers at $256,600. Most Americans are not saving enough for retirement, with median savings significantly lower than average, and experts recommend taking proactive steps like maximizing employer matches and investing in index funds.

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