According to data compiled by Nerd Wallet, the median 401 (k) value for an American aged 65 or older is closer to $95,400.
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The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.
How much do you have saved for your retirement? Obviously, the answer depends on everything from your financial situation to retirement goals. And, another consideration? Your age. As an example, ...
How much will you need to retire, how much does the average person have saved and how does your nest egg stack up?