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  • 7/17/2025
There were about 497,000 so-called 401(k) “millionaires” last quarter. That’s a 2.5% increase from the first quarter. Veuer's Elizabeth Keatinge has more.

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00:00We have our eye on retirement.
00:03There were about 497,000 so-called 401k millionaires last quarter.
00:09That's a 2.5% increase from the first quarter.
00:12This according to an analysis from Fidelity Investments.
00:16Fidelity analyzed 24 million 401k accounts across 26,000 employer-sponsored plans.
00:23Individual savers are also hitting balances of a million or more.
00:27They're jumping 6%.
00:28Average balances are up 401k and IRA average balances are up 1% to 127,100 and 129,200.

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