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Of course the average 401K balance is low. It includes people who just started saving and have $2000 in their account.
A better statistic is the average balance of 55 or 60 year old people.
Maybe any time an "expert" talks on TV, the host should pull out his/her record and challenge them. If they do that, no expert would show up and they would not have any shows. What a joke?
The good news - This is not the same MME (Media Market…
mfo does not describe how PRCFX is built up, but if it is somehow via PRWCX assets, then again i must ask what could be the attraction to legacy investors. same question, if new seeded cash simply replicates PRWCX.
the delta or non-identical holdin…