Record-high contributions and a healthy stock market are boosting retirement savings for some, at a time when Americans feel they need a bigger nest egg than ever before. There are now 485,000 ...
Some super-savers in the Gen X generation – those born between 1965 and 1980 – are looking at eye-popping amounts in their 401(k) plans, the kind of money that comes awfully close to 401(k ...
The number of people who crossed the seven-figure mark hit an all-time high in the first quarter, though retirement savings surged across the board. If you’re an investor, you may not want to ...
The universe of 401(k) accounts with balances of $1 million or more at Fidelity Investments rose to a record 485,000 in the first quarter, according to the company. With stocks surging, the number ...
Some super-savers in the Gen X generation — those born between 1965 and 1980 — are looking at eye-popping amounts in their 401(k) plans, the kind of money that comes awfully close to 401(k ...
Despite challenging financial and economic conditions lately — namely inflation and soaring rates which have left little for savings — some Americans have been successful in beefing up their ...
The average balance for the so-called 401(k) “millionaires” came to $1,580,000, up from $1,551,300 in the fourth quarter, a Fidelity spokesperson said. There is no secret sauce for how a 401(k ...
The first quarter of 2024 has seen an unprecedented rise in the number of 401(k) millionaires. This milestone highlights the growing trend of Gen X savers surpassing baby boomers in retirement ...
Retirement investors face a challenging conundrum when choosing the best 401(k) funds: how to discern the value for the fees you pay. High fees can only be rationalized if a fund has consistently ...
New York (CNN) — They are still a very small minority in the 401(k) universe, but there were a record number of 401(k) participants with balances over $1 million at the end of the first quarter ...