Fidelity Releases Average 401(k) Balances by Age
According to a new report from Fidelity Investments (FID: NASDAQ), the average American reaches $100,000 in their 401(k) during their early 40s. The data is based on an analysis of over 25 million workplace retirement accounts and shows gradual savings growth across different age groups.
Topics: 401(k) average balances by age Fidelity data retirement savings