Age 65-74? Here's the Average Retirement Savings for People Your Age.
Just like every other age group, there's a wide range of inputs to the average figure, which is misleading in and of itself.
Retirement savings vary widely among individuals, but averages can offer insight into typical amounts. According to Fidelity, as of March, people aged 65 to 69 had an average 401(k) balance of $258,800. Fidelity's clients aged 70 and older held an average balance of $264,500. The same fund company indicates that the average baby boomer's 401(k) is valued at $260,300.
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