average 401k return last 10 years

That does up to $22,500 and $30,000 in 2023. Throughout the past 140 years, the average 10-year stock market return rate has been 9.2 percent . (Investopedia) One in three Americans can retire comfortably by 67. On the other hand, the S&P index has managed a 13.6 percent annual return. Growth based portfolios are for younger investors or investors who have a much higher risk tolerance. Kate Anderson. In 2023, employers and employees together can contribute up to $66,000, up quite a bit from a limit of $61,000 in 2022. Here's the average amount people have saved for retirement by age group, according to Vanguard's data. Even in this case, you will still save an additional $2,000 just by using a 401(k). So, if you contribute $10,000 over the course of the year, your employer will only match the first $6,000. Matching is a very transparent process: for every dollar you put into your 401(k), your employer also puts in a dollar, up to a certain amount or percentage of your income. However, going forward, many investment houses are expecting lower returns. Relative to the overall return of the S&P 500 over the same time it fared a little better as the S&P had a -.7% return, however when you look at buy and hold investors they fared better at a return of 1.2%. However, teachers and healthcare workers, and people who work in wholesale and retail, tend to lag behind, with average account balances under $90,000. However, this number cant really tell you much. We indexed these values to 100, with a value of 100 reflecting that county where the ratio of cost of living to income is the lowest. A 25-year-old who invests $5,000 a year with an 8% average annual return for 43 years should have approximately $1.65 million. d){for(var e=[],f=3;f

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