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Fidelity says 401(k) balances are falling — but Americans don't seem to be flinching - MSNAccording to a report from Fidelity Investments, the average 401(k) balance dropped to $127,100 in the first quarter of 2025, a 3% decline from the previous quarter.
The number of 401 (k) millionaires dropped to 512,000 by the end of the first quarter—a 4.6-percent decline from the previous ...
Fidelity reports record-high retirement contributions—find out if you're saving enough and how your retirement strategy ...
Fidelity Investments found that average 401(k) and IRA balances fell 3% and 4% respectively in the first quarter of 2025 due to market swings, while average retirement savings rates hit a record ...
Workers in their 50s have kept contributions steady, but many still fall short of recommended retirement savings targets ...
Workers put away a record share of their income for retirement in the year’s first quarter, according to Fidelity Investments’ Q1 2025 retirement analysis.. The average contribution rate to 401(k) ...
The share of workers with outstanding loans on their Fidelity 401(k) accounts increased in the quarter to 18.8% from 17.8% a year before. Still, that's down from the 20% range seen about 10 years ...
In addition, Fidelity said the number of savers with at least $1 million in their 401 (k) accounts fell in this year’s first quarter, to 512,000, from 537,000 a year ago.
In Q1, the average 401(k) balance dropped to $127,100, a 3% decline from the previous quarter, according to Fidelity, with boomers averaging $239,600, Gen X at $187,400 and millennials at $66,800.
"You have to be able to plan for retirement that will last for potentially 30 years," says Rita Assaf, vice president of ...
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