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401(K) Millionaires: Gen Xers Leading The Retirement Saving Game

The first quarter of 2024 has seen an unprecedented rise in the number of 401(k) millionaires. This milestone highlights the growing trend of Gen X savers surpassing baby boomers in retirement savings. According to USA Today, the first quarter saw a record number of 401(k) millionaires, now totaling 485,000 savers. Fidelity Investments‘ latest data noted that average 401(k) balances for Gen X long-term savers have hit $543,400. This is the first time Gen Xers have overtaken baby boomers, ...
United States Michael Shamrell Gen Xers United States Today Consumer Finances Stock Market Game
Source: yahoo.com

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