I'd say anybody on a site like this is probably better off than their 'average' peers. This is a good benchmark, but remember, everybody has different goals and needs in retirement. Somebody living off $100k a year will have less needs than someone making $250k a year. Also, those later in life who were avid savers will skew the average numbers heavily.

Either way you slice it, it's a pretty sad state of affairs. Problem is most have nobody to blame but themselves for their poor money decisions. I'm not impressed by the under 25 and 25-34 crowds who claim to be raking it in on RobinHood and living the FIRE life.

By age:

Age Average 401(k) balance Median 401(k) balance
Under 25 $4,236 $1,427
25 to 34 $21,970 $8,126
35 to 44 $61,238 $22,123
45 to 54 $115,497 $40,243
55 to 64 $171,623 $61,738
65 and up $192,887 $58,035

By income:

Annual income Average 401(k) balance Median 401(k) balance
Less than $15,000 $15,843 $1,376
$15,000 to $29,999 $10,283 $2,678
$30,000 to $49,999 $22,679 $6,909
$50,000 to $74,999 $54,588 $21,359
$75,000 to $99,999 $92,596 $41,507
$100,000 to $149,999 $137,058 $61,635
$150,000 and above $193,130 $76,448

https://www.businessinsider.com/pers...ance-by-gender