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Relatively few of Fidelity's 401(k) account holders have amassed more than $1 million in their accounts. But between 401(k)s and IRAs, Fidelity reports close to 800,000 millionaire retirement savers.
It wasn't as easy to become a millionaire during the first quarter's rough ride. Fidelity reported that 512,000 savers were ...
Fidelity reported that 512,000 savers were 401(k)-created millionaires in the first quarter, down about 4.6% from 537,000 in the fourth quarter of 2025. Most individuals continued to contribute to ...
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 ...
Nearly 200,000 401(k) accounts in the U.S. have accumulated at least $1 million in savings. But the average 401(k) balance was up just 2% in the past year, to $106,000. Alicia Munnell, head of ...
And the challenge is greater when many ... according to Fidelity. Notably, stashing away $1 million or more in a 401(k) plan is rare. Only about 1.4% of 401(k) accounts at the financial services ...
The fourth quarter of 2023 saw a 20% surge in the number of 401(k) millionaires from the previous quarter, a rebound from Q3’s dip, due in part to strong market dynamics, according to Fidelity ...
The ranks of 401(k) and IRA millionaires again hit a record high in the second quarter at Fidelity Investments after stocks fully recovered from their losses suffered at the end of 2018.
according to the latest data from Fidelity. Those factors vaulted more savers into the ranks of so-called 401(k) millionaires—people with at least seven figures in their retirement accounts.
In February, as it does regularly, Fidelity released information on its customers with 401(k) accounts and how they're doing. This is always kind of a big deal because Fidelity is a behemoth among ...
Specifically, Fidelity noted that as of the end of 2023, the number of 401(k) accounts with balances of $1 million or more was 422,000, up a hefty 21% over the previous quarter. (Also noteworthy ...