This is the average 401(k) balance for ages 45 to 54

This is the average 401(k) balance for ages 45 to 54
Pensions have declined in popularity with the rise of 401(k) plans. Vanguard's data shows the average 401(k) balance for 45- to 54-year-olds is $168,646, but the median is $60,763, highlighting the disparity.