FYI: Retirement savers enjoyed a particularly strong second quarter, according to Boston-based Fidelity Investments.
In a second-quarter analysis of retirement accounts released on Thursday, Fidelity found that the average 401(k) balance increased to $104,000 in the second quarter from $97,700 in the second quarter of 2017 for a 6 percent year-over-year increase. The second-quarter number is just shy of the all-time high balance of $104,300 posted in the fourth quarter of 2017.
Regards,
Ted
https://www.fa-mag.com/news/fidelity-registers-a-record-number-of-401-k--millionaires-in-q2-40324.html?print
