Retirement Savings Data for Americans Under 35 Reveal Surprising Insights and Trends

Key Takeaways Only about half of Americans under 35 had money in retirement accounts in 2022, according to the latest data available. Among young adults who do have retirement accounts, the median balance was $18,800. Time is younger savers’ biggest advantage, since even modest early contributions can compound significantly for decades. How Many People Under 35 Have Any Retirement Savings If you're in your 20s or early 30s, you may not be thinking much about retirement. Only about half of U.S. ho ...