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I Asked ChatGPT the Best Habits To Grow Net Worth in My 50s
Yahoo Finance· 2025-09-10 21:46
If you’re like most people and plan to retire in your 60s, then your 50s are a prime time to prioritize growing your net worth. After all, you’re only about a decade away from leaving the workforce behind and — if all has gone well in your career up until this point — you may even be in some of your highest-earning years. Read Next: Here’s Why You Always Want to Know Your Net Worth, According to a Financial Expert Learn More: How Far $750K Plus Social Security Goes in Retirement in Every US Region But wha ...
Robust returns and steady saving yield record number of 401(k) millionaires
Yahoo Finance· 2025-09-09 21:18
A record number of retirement savers are perched on a cool $1 million or more in their 401(k)s or IRAs, according to Fidelity Investments. The pool of 401(k) millionaires climbed 16% from the end of March to reach an all-time high, totaling 595,000 at the end of June, per the survey. It was quite a rebound from the first quarter when only 512,000 savers had at least $1 million in their nest egg, down from 537,000 at the end of last year. Read more: What is a 401(k), and how does it work? “Despite the ...