06/10/2026
How does your retirement savings compare to others in your 40s and 50s?
Recent data shows that 401(k) balances vary widely at this stage of life. On average, savers in their 40s have around $400K saved, while those in their 50s are closer to $600K. But the median, what’s often a more realistic picture, comes in significantly lower.
The bigger takeaway isn’t the exact number—it’s the gap between where many people are and where they may need to be for the retirement they envision. Your 40s and 50s are often peak earning years, making them a critical window to increase savings, take advantage of catch-up contributions, and refine your overall strategy.
Small adjustments now can make a meaningful difference in long-term outcomes.