Is this 401K or cash in the bank?2019 Federal Reserve survey
Typical American household had an average of $5,300 in a bank account, but averages varied greatly with 1/3 unable to cover an unexpected $1000 expense.
Average savings by age group:
under 35 yrs $11,200
35-44 $27,900
45-54 $48,200
55-64 $57,800
65-74 $60,400
75-99 $55,600