46% of Americans hold zero retirement savings, and only 53% of private-industry workers participate in any employer-sponsored plan.
Average 401(k) balances like $267,900 for Baby Boomers exclude the roughly half of workers with no account at all.
The personal savings rate fell to 3.7% in Q1 2026, while 37% of workers have already raided their retirement accounts early.
A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here.
The phrase "average retirement savings" hides a basic fact about American household finances: a huge share of adults have nothing saved at all. According to the latest Federal Reserve Survey of Consumer Finances, 46% of Americans have no retirement savings, and 43% of working-age adults have no balance in a 401(k), IRA, or defined-benefit plan. That gap matters because it makes the typical balance a poor benchmark on its own.
Average 401(k) balances like $267,900 for Baby Boomers exclude the roughly half of workers with no account at all.
The personal savings rate fell to 3.7% in Q1 2026, while 37% of workers have already raided their retirement accounts early.
A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here.
The phrase "average retirement savings" hides a basic fact about American household finances: a huge share of adults have nothing saved at all. According to the latest Federal Reserve Survey of Consumer Finances, 46% of Americans have no retirement savings, and 43% of working-age adults have no balance in a 401(k), IRA, or defined-benefit plan. That gap matters because it makes the typical balance a poor benchmark on its own.
2 months ago
