Discover how to build financial freedom using Vanguard index funds in your 401k. Learn about S&P 500, mid-cap, and small-cap index fund strategies.

The use of Roth in 401(k) saving is a trend that is only set to increase as policymakers have made Roth use a priority in SECURE 2.0 Act legislation via a combination of mandates—by way of catch-up ...

The number of retirement savings plans that offer advice is increasing as more investors are saving for retirement, according to research released by Vanguard. With the incorporation of auto ...

Why are more Americans tapping into their 401(k)? In 2024, 401(k) hardship withdrawal rules changed in accordance with the Securing a Strong Retirement Act of 2022 (SECURE 2.0).

Put another way, a Vanguard investor who had $50,000 in a 401(k) plan five years ago, who achieved average performance, and who did not contribute a single new dime, would have about $80,000 today ...

The 401(k) is an American institution, a popular way for savers to prepare for retirement by making regular contributions from every. 5 Interesting Statistics on How Americans Use Their 401(k)s ...

Despite an uncertain economic environment, retirement plan participant outcomes thrived in 2023, bolstered by strong growth in employee contributions, according to a preview of Vanguard's annual ...

You may be inclined to stop funding your 401(k) the year before you retire. But before you halt contributions, look at the ...

Based on the average 401(k) balance of $244,750, this translates to a safe withdrawal rate of $9,790 per year for the average Vanguard 401(k) participant. Even when combined with Social Security ...

In the latest report released in 2024, Vanguard found the average 401(k) balance across all age groups is $134,128. For those aged 35 to 44, however, the average balance is much lower at $91,281.

For one thing, the median 401(k) balance in this age group is $87,571, a much lower amount. It's also worth noting that this is just how much people have in their Vanguard 401(k) accounts. If they ...