Record High Number Of 401(k) Millionaires Secure Retirement, While Most Americans Face Growing Uncertainty - Financial Freedom Countdown
Fidelity’s analysis of 24 million 401(k) accounts across 26,000 employer-sponsored plans revealed that the number of 401(k) “millionaires” reached 544,000 last quarter. Yet, this financial triumph contrasts sharply with the grim reality for the average American, whose 401(k) balance tells a very different story.
Therefore, even individuals with modest incomes can aspire to achieve the status of retirement millionaire by focusing on sustained saving over time and leveraging employer contributions.
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Record High Number Of 401(k) Millionaires Secure Retirement, While Most Americans Face Growing Uncertainty - Financial Freedom Countdown
Fidelity’s analysis of 24 million 401(k) accounts across 26,000 employer-sponsored plans revealed that the number of 401(k) “millionaires” reached 544,000 last quarter. Yet, this financial triumph contrasts sharply with the grim reality for the average American, whose 401(k) balance tells a very different story.
Record High Number Of 401(k) Millionaires Secure Retirement, While Most Americans Face Growing Uncertainty - Financial Freedom Countdown
Fidelity’s analysis of 24 million 401(k) accounts across 26,000 employer-sponsored plans revealed that the number of 401(k) “millionaires” reached 544,000 last quarter. Yet, this financial triumph contrasts sharply with the grim reality for the average American, whose 401(k) balance tells a very different story.
Financial Freedom Countdown
