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You may be curious to know how your 401(k) balance compares to the average saver's. To that end, Fidelity has some new data.
Today, the median 401 (k) balance for top-decile earners is about 10 times that of middle-income participants. Indeed, plan participation, balance amounts, and investment outcomes remain skewed toward ...
Baby boomers have the highest average 401 (k) balance of all four generations. That’s no surprise, as they’ve been working ...
Fidelity is consistently ranked one of the best investment firms in the United States. When it comes to investing, Fidelity ...
As stock and bond markets have whipsawed this year, you may be afraid to look at your 401 (k) account balance. But all of the volatility actually makes this an opportune time to look under the hood of ...
As the cost of college in the U.S. continues to surge, many parents are resorting to drastic financial strategies—including ...
Nearly one-in-five workers eligible for a retirement plan through their employer aren’t enrolled. There are a few rules of ...
Simple changes today can lead to a stress-free retirement later. Here's how to avoid the biggest savings slip-ups.
Turning 30 often triggers a financial gut check. Whether you're ahead of the curve or just getting started, it's a perfect ...
Income limits also exist to determine eligibility for tax deductions (Traditional IRA) or to contribute to a Roth IRA. These ...
Financial independence isn’t just about your lifetime, it’s also about what you leave behind. A good financial plan includes ...