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Average 401(k) balances plunged 23% year-over-year due to market volatility, Fidelity says

Por: CNBC Life November 17, 2022

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In this articlewatch nowVIDEO14:2014:20Why so many Americans feel they can't retireMonths of market swings have taken a heavy toll on retirement savers.The average balance sank for the third consecutive quarter and is now down 23% from a year ago to $97,200, according to a new report by Fidelity Investments, the nation's largest provider of 401(k) plans. The financial services firm handles more than 35 million retirement accounts in... + full article



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