Monday, 27 August 2007

401K Account Balances by Age

Some interesting information about what Americans have accumulated in their 401(k)'s and how the money is invested. There are tables showing average account balance vs salary, account balance vs years of job tenure, and asset allocation for each age group - 20's, 30's, 40's, 50's and 60's. The data is based on an analysis of some 20 million participants in nearly 54,000 employer-sponsored 401(k) plans done by the Employee Benefit Research Institute and the Investment Company Institute, as of the end of 2006.

Copyright Enough Wealth 2007

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