See how your 401(k) balance stacks up to the average 30-year-old. Plus, get some smart, expert-backed tips to grow your ...

The average Self-Directed Brokerage Account (SDBA) 401(k) balance at Charles Schwab finished the fourth quarter of 2024 at $352,605, up by 13.6% since 2023, ...

We see this happen slightly in the median 401(k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).

The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, according to Charles Schwab’s SDBA Indicators Report.

In 2019, the same Schwab survey found that 401(k) participants had a target retirement savings of $1.7 million. That goal has since increased and so has investors’ confidence in reaching their ...

As of September last year, $8.9 trillion was sitting in 401(k) retirement accounts, ... consider taking early distributions carefully,” financial services company Charles Schwab said.

Schwab and Candidly are also offering an integrated solution for employers implementing a student loan retirement match for their 401(k) plans as allowed by the SECURE 2.0 Act.