Retirement savings by age U.S. 2023

Published by
Fernando de Querol Cumbrera,
Jun 24, 2025

Americans start managing their retirement finances early in life, thanks to many financial instruments and products for those who want save money for their late years. As the graph shows, retirement savings increase with age. The age group boasting the highest average value of retirement savings are individuals between 65 and 69, with over ******* thousand. As many people start retiring, retirement savings start decreasing for individuals over 70 years of age.

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Average value of retirement savings in the United States in 2023, by age (in U.S. dollars)

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Release date

January 2025

Region

United States

Survey time period

2023

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Statistics on " Retirement saving in the United States "

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Overview

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IRAs

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Government retirement plans

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DC plans

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Saving patterns

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Retirement confidence

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Topics

Retirement saving in the United StatesRetirement assets worldwidePersonal savings in the United StatesFinancial marketsLong-term care in the U.S.
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