--- title: This Chart Shows the Average 401(k) Balance at Every Age. See How You Stack Up description: This chart shows the average 401(k) balance at every age. See how you stack up. authors: - name: Elizabeth O'Brien role: Deputy Editor url: https://money.com/author/elizabeth-obrien/ bio: Elizabeth O’Brien is Money's deputy editor. She has covered personal finance for more than 10 years, with a focus on retirement planning and health care. Subscribe to her weekly newsletter, Retire with Money. at_money_since: 2016 articles: 194 covers: - Retirement - Business - Career Advice - Credit - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Personal Finance - Pets - Shopping - Taxes - Technology social: - https://twitter.com/elizobrien former_staff: true published: '2018-09-07T10:00:14.000Z' modified: '2019-02-20T14:40:37.000Z' section: Retirement tags: - 401(k) - looking forward - lookingforward word_count: 213 canonical: https://money.com/401k-how-much-is-right-amount/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Business people working in busy office](https://img.money.com/2018/09/180906-401k-at-every-age.jpg) The Internet [erupted in scorn](https://www.marketwatch.com/story/money-milestones-this-is-how-your-finances-should-look-in-your-30s-2017-05-18) earlier this year at financial firms’ recommendation that 35-year-olds should have two times their average salary saved in their retirement accounts. Let's be real: There’s always a financial need that’s more pressing, whether that’s paying down student debt, repairing your car, or paying off a doctor's bill. Here’s the thing, though: your retirement isn’t going to fund itself. Today, Social Security replaces only 40% of the average worker’s wages. Tomorrow, that percentage could be even less. And it’s going to be hard to save enough in a last-minute sprint as you approach the end of your career. You’re going to need to pace yourself. So as hard as it is, try to set aside at least enough to get your company match, and increase your savings as you get raises. To help you set some realistic goals, below are the average 401(k) balances in Fidelity accounts as of June 30, 2018: **And here are Fidelity’s recommended savings guidelines by age, assuming a retirement at age 67:** Age 30: 1x your salary Age 35: 2x your salary Age 40: 3x your salary Age 45: 4x your salary Age 50: 6X your salary Age 55: 7x your salary Age 60: 8x your salary Age 67: 10x your salary ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/401k-how-much-is-right-amount/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Retirement", "item": "https://money.com/retirement/" }, { "@type": "ListItem", "position": 3, "name": "401(k)", "item": "https://money.com/401k/" }, { "@type": "ListItem", "position": 4, "name": "This Chart Shows the Average 401(k) Balance at Every Age. 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