Are you on track? Here's the average 401(k) balance for Americans in their 60s in 2026

In 2026, most people in their 60s have an average 401(k) balance of $568,000, which is less than many think they need to retire comfortably. Experts suggest boosting savings with catch-up contributions, employer matches, smart investments, downsizing, and financial advice. Retirement planning also depends on lifestyle, expenses, and Social Security.