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FinExplained publishes free, tested personal-finance calculators and original data studies built from primary sources. Everything on this page is reusable under the terms below: quotable statistics with source lines, downloadable datasets, and embeddable charts. For anything else, email hello@finexplained.com.

Who runs the site

Sam Sage is an individual investor with more than 20 years of hands-on experience, managing a long-term, buy-and-hold portfolio and running an options wheel strategy of cash-secured puts and covered calls. Sam Sage is not a licensed financial advisor; FinExplained is educational content, not personalized advice.

Sam Sage writes and is accountable for this site. More on the identity model, the mission, and how the math is verified is on the about page and how we verify. Written quotes may be attributed to "Sam Sage, FinExplained".

The data studies

Original analyses of government surveys and published provider research, with every figure pinned to its source, labeled with its data year, and checked by automated integrity tests before publishing. The studies hub lists them all with sources, data years, and downloads:

Quotable statistics

Quote these as written, with attribution to FinExplained and a link to the study. Each study page carries more in its own copyable-findings block, and every figure there states its lens, source, and data year.

The average 401(k) balance at year-end 2025 was $167,970 among participants in Vanguard-administered plans, but the median was just $44,115.

Vanguard, How America Saves 2026, via the FinExplained 401(k) balance study. Read the study

The median US household net worth was $192,900 in 2022 while the average was $1,063,700, because a small group of very wealthy households pulls the average up.

Federal Reserve SCF 2022, via the FinExplained net worth by age study. Read the study

Among households that have retirement accounts, the median balance for ages 55 to 64 is $185,000. Across all households aged 55 to 59, including those with nothing saved, the median is $24,000. Both numbers come from the 2022 Federal Reserve SCF; the difference is who gets counted.

Federal Reserve SCF 2022 and DQYDJ microdata estimates, via the FinExplained retirement savings study. Read the study

San Jose needs only about 11.73 times its median household income to reach a 4 percent FIRE number, the smallest multiple of the 75 largest US metros; McAllen needs 26.5 times, the widest.

BEA Regional Price Parities and Census ACS 2024, via the FinExplained FIRE by metro study. Read the study

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Contact

Email hello@finexplained.com with data questions or anything this page does not cover; questions are answered in writing. FinExplained content is educational, not financial advice, and that framing carries into any quote or reuse.