WFS.org developed a resource page on aging and retirement saving trends that you might find helpful for developing marketing materials or meeting with clients. Here are a few highlights:
- The total value of retirement assets in the United States has grown from $24 trillion in 2015 to $44.1 trillion as of Q4 2024.
- Among the top 15 countries ranked by GDP, the United States, Italy, and Germany have the highest retirement age (for both men and women) at 67, while China, South Korea, and India have much lower retirement ages.
- Individual Retirement Accounts (IRAs) hold the largest share of retirement assets at $14.52 trillion.
- The average 401(k) balance in 2025 is $134,128, with account holders in their 60s having the highest average balance at $239,900.
- Women have about 30 percent less in retirement savings than men, with median retirement savings of $31,291 compared to $45,106 for men.
- By 2031, employees 55 and older will account for 25 percent of the global workforce. Japan is forecasted to have the highest percentage (38 percent) of its total workforce aged 55 and older, compared to 25.2 percent in the U.S.
