X @Investopedia

If you can save, you might wonder how your balance compares with others your age. Savings vary by age, financial situation, and goals, and generally rise over time. Federal Reserve data from 2022 shows median bank balances of $5,400 for people under 35 and $13,400 for those 65-74.With the $5,400 in the bank, these amounts total $39,200. Additionally, this age group has a median retirement account balance of $18,880. Regardless of these numbers, it’s important to note that there’s no universally correct amou ...