401(k) balances for Americans in their 30s are around $22,100 (Q1 2024), while their average retirement savings goal is $1.46 million.
401(k) balances for Americans in their 30s are around $22,100, as per Q1 2024 data from Fidelity Investments, one of the largest 401(k) providers. The average retirement savings goal for Americans is $1.46 million, while millennials (many in their 30s) aim for $1.6 million. This indicates that many in their 30s are far from their retirement savings goals, despite having several years to catch up.
July 07, 2024
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