High earners in the upper class work hard and save diligently in their 401(k) accounts. The wealthiest 20% have an average balance of $336,000, according to Vanguard’s 2025 How America Saves report. This is significantly higher than lower income brackets, like those earning $75,000-$99,999 with an average balance of $106,875.

Affluent households often diversify their wealth with brokerage accounts, IRAs, real estate, stock options, and alternative investments. The Federal Reserve’s Survey of Consumer Finances shows that the top 20% of income earners have a median net worth over $500,000, with an average exceeding $2 million when factoring in assets like homes and businesses.

Even with substantial 401(k) balances, high earners must utilize various financial tools to secure their retirement. Platforms like Range simplify wealth management for households earning $150,000 or more, offering services like investing, tax optimization, and retirement planning without hidden fees. Building a diversified financial portfolio is key to long-term financial security for the upper class.

Read more at Yahoo Finance: What’s the Average 401(k) Balance of the ‘Upper Class’? Here’s What Top Earners Have Stashed Away