Vanguard Report Shows Record Highs in Average 401(k) Balances
According to Vanguard's annual report, retirement savings rates and 401(k) account balances have reached record highs. The average balance rose by 13% year-over-year to $167,970, while the median increased by 16% to $44,115.
Topics: 401(k) account balances retirement savings rates Vanguard