Dschrute3
Gold Member
- Dec 10, 2016
- 15,572
- 1,871
- 290
See, positive things are happening in our country. I know Democrat Fake News tells its sycophants the sky is falling, but it really isn't. There's a lot of good news out there.
A record number of investors became 401(k) millionaires this spring.
At the end of the second quarter, 168,000 people with 401(k)s managed by Fidelity Investments had at least $1 million in their accounts, a rise of 50,000 people from a year earlier when there were 118,000, according to a new study by Fidelity, one of the nation's largest administrators of workplace retirement accounts. While gaining, that exclusive group of savers is still just a fraction of the 16.1 million people who have a 401(k) account managed by the fund company.
Building a million bucks-sized nest egg doesn't happen overnight and is a result of workers who invest for the long term and put a chunk of their savings into stocks.
"Individuals are increasing their savings rates, they're taking advantage of their company match and they're keeping a healthy percentage of stocks in their account,...
Number of Fidelity 401(k) millionaires hits record high
DRUDGE REPORT 2018®
A record number of investors became 401(k) millionaires this spring.
At the end of the second quarter, 168,000 people with 401(k)s managed by Fidelity Investments had at least $1 million in their accounts, a rise of 50,000 people from a year earlier when there were 118,000, according to a new study by Fidelity, one of the nation's largest administrators of workplace retirement accounts. While gaining, that exclusive group of savers is still just a fraction of the 16.1 million people who have a 401(k) account managed by the fund company.
Building a million bucks-sized nest egg doesn't happen overnight and is a result of workers who invest for the long term and put a chunk of their savings into stocks.
"Individuals are increasing their savings rates, they're taking advantage of their company match and they're keeping a healthy percentage of stocks in their account,...
Number of Fidelity 401(k) millionaires hits record high
DRUDGE REPORT 2018®