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US 401(k) Millionaires Hit Record High as Equities Drive Wealth

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Fidelity reports a 19% quarterly rise in 401(k) millionaires to a record 769,000, driven by steady savings and a strong equity rally.
  • Average retirement balances and savings rates reached record levels, reflecting sustained retail capital inflows into US equities.
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