Sentences with phrase «median balance»

Out of the four demographic factors we assessed, grouping the respondents by age showed the smallest discrepancy between the average and median balance numbers.
Recent data from Judy Diamond Associates, a provider of 401 (k) analytic tools, shows there are about 481,000 plans with a median balance at or below $ 58 million in assets.
For example, say you have $ 5,200 in your savings account — the median balance according to ValuePenguin.
A survey by GoBankingRates reports Gen - X tops the list with a median balance of $ 4,000 in credit card debt but Millennials and Boomers aren't out of the woods with a median balance of $ 2,000 on the card.
The median balance of $ 12,800 is roughly half the average level, which indicates that a small fraction of people have balances significantly higher than the median.
Because of this, students have had to borrow more and more money for school until, at this point, more than 45 million Americans carry student loan debt, with a median balance of $ 17,000.
The median balance of borrowers is $ 60,000 and 30 percent have over $ 100,000 in student loan debt.
The median balance increases among households headed by older individuals.
The median balance declined from $ 2,800 in 2010 to $ 2,300 in 2013.
The median balance, however, was just $ 31,396, which means that half of the workers participating in their employer's retirement had that much or more while the other half had less.
Even those who are older than 42 only have an average balance of $ 93,000, while the median balance is just $ 44,000.
Valuation Informed Indexing narrows the spread at a slight reduction in the median balance (the middle values).
Among families where the head of the household is 55 to 64 years old, the typical retirement account only has a median balance of $ 14,500.
The consistent group's median balance was more than three times the median balance across all participants at year - end 2014.
A combined 16 percent of younger and older boomer buyers also had student debt, with a median balance of over $ 10,000 for each group.
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