Q2 2024
Retirement Analysis
According to the Fidelity Investments®’ Q2 2024 retirement analysis, retirement savers experienced the third quarter in a row of growth. While smaller than the previous two quarters, the growth is a continuation of the strong contribution levels and positive market conditions that have driven average account balances to the third-highest average on record. Additionally, Gen X made strong gains with their retirement savings, with current IRA contributions the highest observed in the last five years.
Average Retirement Account Balances
IRA
Q2 2024
Q4 2023
Q4 2022
Q2 2019
Q4 2013
401(k)
1
2
403(b)
3
$129,200
$127,100
$114,700
+2%
+1%
+1%
+12%
+13%
+14%
+29%
+20%
+17%
+57%
+39%
+40%
Click here to view chart in PDF format.
Fidelity’s quarterly analysis of savings behaviors and account balances for more than 48 million IRA, 401(k), and 403(b) retirement accounts.
Additional insight on retirement trends and data can be found in Fidelity’s Building Financial Futures,
as well as the Workplace Insights hub.
Q2 2014
Q2 2023
Q1 2024