Reported about 7 hours ago
Fidelity reports a decrease in 401(k) millionaires during the first quarter of 2025, with only 512,000 reaching the million-dollar mark, down 4.6% from the previous quarter. Despite a turbulent market where average retirement account balances fell 3% to $127,100, many savers have maintained their contributions and investment strategies. The report highlights ongoing volatility in the market, linked to economic uncertainties and political changes.
Source: YAHOO