Average 401(K) Hits All Time High: Fidelity Investments

Friday, January 30, 2015


Fidelity Investments says average balances in retirement savings accounts hit a record high last year. It reports the average account balance was more than 91,000 dollars. Analysts credit this record high to last year’s soaring stock market and bigger worker contributions. Advisors urge workers not to fret about recent market volatility and say focusing on consistent, long-term saving is what really pays off.



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