GREAT!: Number Of 401(K) Millionaires Hits Record...

[Cellblock2429]

Good news......

But having $1 million is a 401k does not buy you a guaranteed retirement

If your smart it does. So...sorry you are excluded.

I have a pension......now THAT is smart

Good thing because you aren’t capable of handling a 401k.

Government retiree?

Bingo

Got a 401 k also

No 401K here, just a financial adviser.

/——/ I heard Financial Advisers aren’t allowed to trade options and many don’t even know what they are.

 

[Cellblock2429]

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®

people made a ton of $$ in the market since 2009 ... look at a DOW 10 yer chart.

NASDAQ

NASDAQ Composite Index - 10 Year Daily Chart

DOW

So, you're saying that the "Social Security Trust Fund" should be invested in US equities. Thank you

Social Security sends out pamphlets every couple of years or so. If you are older, and take that pamphlet to a reputable investment company, and ask them how much you would be worth today if all that SS money was privately invested, you'd probably shit yourself.

It think most all of us would be millionaires today, and some of us able to retire before 65 (67 in my case). But even if we never enjoyed any of that money, our family will when we pass it down. Today if you die before collecting SS, all that money went bye-bye and your family doesn't see a dime of it.

Well said. Excellent observation. Thanks.

/——-/ Libs never want to let the working stiff have a break.

 

[Meister]

If your smart it does. So...sorry you are excluded.

I have a pension......now THAT is smart

Good thing because you aren’t capable of handling a 401k.

Government retiree?

Bingo

Got a 401 k also

No 401K here, just a financial adviser.

/——/ I heard Financial Advisers aren’t allowed to trade options and many don’t even know what they are.

Why would I want to trade options? I'm looking for income and growth, and I have it. Without the stress.

 

[Hutch Starskey]

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®

That number would have been reached regardless of who is president.

 

[Votto]

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®

The worst nightmare of the DNC is for the top 1% to grow to 2 or 5%.

 

[Meister]

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®

That number would have been reached regardless of who is president.

Not with all the regulations that the Obama administration laid on businesses.

 

[Hutch Starskey]

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®

That number would have been reached regardless of who is president.

Not with all the regulations that the Obama administration laid on businesses.

What does that have to do with personal investment?

The trend was upward during the entirety of Obama's tenure.

 

[gipper]

Good news......

But having $1 million is a 401k does not buy you a guaranteed retirement

If your smart it does. So...sorry you are excluded.

I have a pension......now THAT is smart

Good thing because you aren’t capable of handling a 401k.

Government retiree?

Bingo

Got a 401 k also

Bingo...you fit the stereotypical liberal perfectly.

 

[Dschrute3]

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®

The worst nightmare of the DNC is for the top 1% to grow to 2 or 5%.

True, Today's Democratic Party thrives on hate & misery. It certainly isn't the Party of JFK anymore. It needs its poor & angry masses. The last thing that Party wants, is a happy prosperous Citizenry. It has to continue inciting hate and envy. It's what Churchill talked about regarding Socialism/Communism. Without all the hate & envy, Democrats would be nowhere. And they know that.

 

[Meister]

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®

That number would have been reached regardless of who is president.

Not with all the regulations that the Obama administration laid on businesses.

What does that have to do with personal investment?

The trend was upward during the entirety of Obama's tenure.

But, the economy was still weak. That's why the Fed Banks were infusing trillions into the
economy during Obama's entire tenure.

 

[Hutch Starskey]

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®

That number would have been reached regardless of who is president.

Not with all the regulations that the Obama administration laid on businesses.

What does that have to do with personal investment?

The trend was upward during the entirety of Obama's tenure.

But, the economy was still weak. That's why the Fed Banks were infusing trillions into the
economy during Obama's entire tenure.

Which has nothing at all to do with the growth of the markets.

 

[gipper]

Good news......

But having $1 million is a 401k does not buy you a guaranteed retirement

If your smart it does. So...sorry you are excluded.

I have a pension......now THAT is smart

Good thing because you aren’t capable of handling a 401k.

Government retiree?

Bingo

Got a 401 k also

Is it true government workers aren't very smart.

Just don't go for a bike ride in ISIS territory, like these two former government workers did.

A Dream Ended on a Mountain Road: The Cyclists and the ISIS Militants
A Dream Ended on a Mountain Road: The Cyclists and the ISIS Militants

 

[Dschrute3]

Good news......

But having $1 million is a 401k does not buy you a guaranteed retirement

If your smart it does. So...sorry you are excluded.

I have a pension......now THAT is smart

Good thing because you aren’t capable of handling a 401k.

Government retiree?

Bingo

Got a 401 k also

Is it true government workers aren't very smart.

Just don't go for a bike ride in ISIS territory, like these two former government workers did.

A Dream Ended on a Mountain Road: The Cyclists and the ISIS Militants
A Dream Ended on a Mountain Road: The Cyclists and the ISIS Militants

CIA operatives. Not a wise ideal 'Vacation Spot.' They were likely spies.

 

[healthmyths]

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®

Now JUST ONE MOMENT here!!!!

Read carefully what you put up! 168,000 FIDELITY 401(k)s... NOT all 401(k)s!

Now after I searched on google for how MANY millionaire 401(k)s the search keeps referencing JUST Fidelity.

So how many of Fidelity's 401(k)s were actually millionaires?
But look at this search: "how many 401(k)s are worth more than $1 million"
They are ALL repeating the same story... that doesn't accurately portray reality.
In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.
Now just 1% of Fidelity’s 15.3 million retirement plan participants. The Number of 401(k) Millionaires Has Reached a Record High
So if 1% of Fidelity's are millionaires... than 1% of 54 million is 540,000...
540,000 total 401(k) accounts are over $1 million...

So why don't the reporters tell the truth instead of repeating only Fidelity's experience?
A) Too lazy to go find out or as I did make a simple inquiry how many 401(k)s participants 54 million and multiple by 1% experience of Fidelity.
B) Actually a reporter access to a lot more information than I have to find out how many.

But see neither option fit the biased MSM objective.
A) Tear down wealth.
B) Tear down America.
C) Promote communism / socialism... Democrat ideals.

 

[Dschrute3]

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®

Now JUST ONE MOMENT here!!!!

Read carefully what you put up! 168,000 FIDELITY 401(k)s... NOT all 401(k)s!

Now after I searched on google for how MANY millionaire 401(k)s the search keeps referencing JUST Fidelity.

So how many of Fidelity's 401(k)s were actually millionaires?
But look at this search: "how many 401(k)s are worth more than $1 million"
They are ALL repeating the same story... that doesn't accurately portray reality.
In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.
Now just 1% of Fidelity’s 15.3 million retirement plan participants. The Number of 401(k) Millionaires Has Reached a Record High
So if 1% of Fidelity's are millionaires... than 1% of 54 million is 540,000...
540,000 total 401(k) accounts are over $1 million...

So why don't the reporters tell the truth instead of repeating only Fidelity's experience?
A) Too lazy to go find out or as I did make a simple inquiry how many 401(k)s participants 54 million and multiple by 1% experience of Fidelity.
B) Actually a reporter access to a lot more information than I have to find out how many.

But see neither option fit the biased MSM objective.
A) Tear down wealth.
B) Tear down America.
C) Promote communism / socialism... Democrat ideals.
View attachment 211024

Do you have a 401(k)? If you don't, you should seriously look into getting one. Start thinking about your future.

 

[healthmyths]

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®

Now JUST ONE MOMENT here!!!!

Read carefully what you put up! 168,000 FIDELITY 401(k)s... NOT all 401(k)s!

Now after I searched on google for how MANY millionaire 401(k)s the search keeps referencing JUST Fidelity.

So how many of Fidelity's 401(k)s were actually millionaires?
But look at this search: "how many 401(k)s are worth more than $1 million"
They are ALL repeating the same story... that doesn't accurately portray reality.
In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.
Now just 1% of Fidelity’s 15.3 million retirement plan participants. The Number of 401(k) Millionaires Has Reached a Record High
So if 1% of Fidelity's are millionaires... than 1% of 54 million is 540,000...
540,000 total 401(k) accounts are over $1 million...

So why don't the reporters tell the truth instead of repeating only Fidelity's experience?
A) Too lazy to go find out or as I did make a simple inquiry how many 401(k)s participants 54 million and multiple by 1% experience of Fidelity.
B) Actually a reporter access to a lot more information than I have to find out how many.

But see neither option fit the biased MSM objective.
A) Tear down wealth.
B) Tear down America.
C) Promote communism / socialism... Democrat ideals.
View attachment 211024

Do you have a 401(k)? If you don't, you should seriously look into getting one. Start thinking about your future.

I'm 75 years old and have my future secured.
Thanks for your concern though.
I'm now more focused on helping people understand how the biased MSM has influenced opinions which in turn influence politicians which in turn affects our lives!

Look at this idiocy of politicians banning straws! It was BASED on a false premise put forth by a 9 year old kid in 2011 who called straw makers asking how
many straws they produced.

While that 500 million number was wrong in the first place, the ignorant biased MSM never investigated the figure but they used the figure as a CONSUMED figure.
This is far different than the reality.

And that's an example of the dumb MSM collectively repeating information that is used to form opinions to form policies. DUMB information.
And again... my point about millionaire 401(k) holders. There are FAR more than the 186,000 Fidelity has... the reporting hacks NEVER researched that question :
well how many total 401(k) holders are millionaires?
They didn't because it doesn't fit their biased Narratives!

 

[Dschrute3]

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®

Now JUST ONE MOMENT here!!!!

Read carefully what you put up! 168,000 FIDELITY 401(k)s... NOT all 401(k)s!

Now after I searched on google for how MANY millionaire 401(k)s the search keeps referencing JUST Fidelity.

So how many of Fidelity's 401(k)s were actually millionaires?
But look at this search: "how many 401(k)s are worth more than $1 million"
They are ALL repeating the same story... that doesn't accurately portray reality.
In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.
Now just 1% of Fidelity’s 15.3 million retirement plan participants. The Number of 401(k) Millionaires Has Reached a Record High
So if 1% of Fidelity's are millionaires... than 1% of 54 million is 540,000...
540,000 total 401(k) accounts are over $1 million...

So why don't the reporters tell the truth instead of repeating only Fidelity's experience?
A) Too lazy to go find out or as I did make a simple inquiry how many 401(k)s participants 54 million and multiple by 1% experience of Fidelity.
B) Actually a reporter access to a lot more information than I have to find out how many.

But see neither option fit the biased MSM objective.
A) Tear down wealth.
B) Tear down America.
C) Promote communism / socialism... Democrat ideals.
View attachment 211024

Do you have a 401(k)? If you don't, you should seriously look into getting one. Start thinking about your future.

I'm 75 years old and have my future secured.
Thanks for your concern though.
I'm now more focused on helping people understand how the biased MSM has influenced opinions which in turn influence politicians which in turn affects our lives!

Look at this idiocy of politicians banning straws! It was BASED on a false premise put forth by a 9 year old kid in 2011 who called straw makers asking how
many straws they produced.

While that 500 million number was wrong in the first place, the ignorant biased MSM never investigated the figure but they used the figure as a CONSUMED figure.
This is far different than the reality.

And that's an example of the dumb MSM collectively repeating information that is used to form opinions to form policies. DUMB information.
And again... my point about millionaire 401(k) holders. There are FAR more than the 186,000 Fidelity has... the reporting hacks NEVER researched that question :
well how many total 401(k) holders are millionaires?
They didn't because it doesn't fit their biased Narratives!

I hear ya. You make some valid points.

 

[Fang]

Not sure if I'll make it to 1 mil but I'll be close. But I'm well over combined with my sig other.

 

[FA_Q2]

good luck......
This Chart Warns a 2008 Style Crash May Be Right Around the Corner

Or it may not. Other technical analysis I've seen says we have a nice road ahead.

Stay invested, but remain watchful.
.

Wall street has a repetitive history Mac

~S~

It does.

That history shows that stocks ALWAYS increase in value over the long run. Always.

 

[healthmyths]

good luck......
This Chart Warns a 2008 Style Crash May Be Right Around the Corner

Or it may not. Other technical analysis I've seen says we have a nice road ahead.

Stay invested, but remain watchful.
.

Wall street has a repetitive history Mac

~S~

It does.

That history shows that stocks ALWAYS increase in value over the long run. Always.

You are 100% correct. I had my securities license in the early 1970s and we were all so afraid the DJI was going to crash because we read Harry Browne "How you can Profit from the coming devaluation"....as it was reaching...gasp.... 900! Browne et.al. predicted the DJI would fall to gasp... 400!

Since that time the DJI well right at the moment: 25,696... or an average annual growth since 1973 when I got out of the securities business: of 63% per year...