Episode Details
Back to Episodes401k Balances Surge 11%, Gen X Leads Savings
Published 1 week, 4 days ago
Description
Fidelitys latest report reveals a 11% surge in average 401(k) balances, marking three consecutive years of double-digit growth. Generation X leads with savings rates above 15%, while Millennials and Gen Z boost contributions, favoring Roth 401(k) options. The data, tracking nearly 25 million accounts, underscores a positive trend in retirement preparedness.
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