How Big Is the Average Person's Retirement Account?
Comparing your savings to those of your peers may help keep you on the right track to securing a worry-free retirement, and thanks to number crunching by Fidelity Investments, we now know that the average American's balance in retirement accounts is roughly $100,000.
Fidelity Investments is one of the nation's biggest investment companies. It's home to 15.1 million 401(k) accounts and 8.8 million IRA accounts. Its perch provides an excellent view of the progress Americans are making in saving money for retirement, and based on its latest figures, there's reason for optimism.
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Source: Fool.com
