How much money Americans in their 50s have in their 401(k)s
The median 401(k) account balance for Americans in their 50s is $60,900 as of the last quarter of 2023, per Fidelity data provided to CNBC Make It. The average account balance is $199,500, but a few larger account balances can skew the average to be higher.
Here’s how much Americans have in their 401(k)s by age as of the fourth quarter of 2023, according to Fidelity.
Median 401(k) balances for Americans in their 50s
The median 401(k) account balance for Americans in their 50s is $60,900 as of the last quarter of 2023, per Fidelity data provided to CNBC Make It. The average account balance is $199,500, but a few larger account balances can skew the average to be higher.
Here’s how much Americans have in their 401(k)s by age as of the fourth quarter of 2023, according to Fidelity.
Median 401(k) balances for Americans in their 50s