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What is the average retirement savings?
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8th Dec 2009 by Andrew Rosenbaum
Averages of retirement savings naturally differ according to the group under consideration. The statistics most usually cited in the U.S. are as follows:
An average American family, headed by a 43-year-old, has retirement savings of $18,750.
An average family headed by members close to retirement (age 55 and up) has retirement savings of $60,000.
Consumers between the ages of 41 and 54 have average retirement savings of $30,000.
Consumers have average total household personal retirement savings of $35,000.
Consumers who save in a 401k have an average 401k account balance of $80,000.
Averages of retirement savings naturally differ according to the group under consideration. The statistics most usually cited in the U.S. are as follows:
An average American family, headed by a 43-year-old, has retirement savings of $18,750.
An average family headed by members close to retirement (age 55 and up) has retirement savings of $60,000.
Consumers between the ages of 41 and 54 have average retirement savings of $30,000.
Consumers have average total household personal retirement savings of $35,000.
Consumers who save in a 401k have an average 401k account balance of $80,000.
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This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
6th Nov 2009 In Retirement
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Subjects: average retirement savings,
