Here's the average retirement account balance — how do you compare?

The average retirement balances in Americans' IRAs, 401(k)s, and 403(b)s have reached $113,800, $112,400, and $102,400, respectively, signaling an increase for the third quarter in a row, providing motivation for individuals to take actions like automating retirement savings and taking advantage of employer matches or alternative retirement-saving vehicles.

cnbc.com

Relevant topic timeline:

8/28/2023

44% of savers in their 20s and 30s want to retire by 60, but few are on track—see how you stack up

Many young investors have high expectations of retiring by 60, but the reality is that most are not on track to do so, with the median 401(k) balance for Americans in their 30s being $18,400 and $5,400 for those in their 20s, according to data from Fidelity.