Record number of 401(k) millionaires in the U.S. average holdings hit record too
CNBC Televisionยท2025-09-05 21:15
It's great news what we've seen though, you know, looking at these 401k millionaires, 595,000 of them, a record high in the second quarter. The average balance up 8% from the previous quarter, $137,000 on average. But then the other part is 95% of the overall 401k investors didn't make any changes at all to their portfolios.That might have been fine if they were in a Target date fund and it was, you know, fulfilling their goals. But if they weren't and they just had it there cuz that's the kind of what they ...