The path to becoming a 401(k) millionaire is easier than you might think
April 25, 2019 at 14:06 PM EDT
Only about 1% of the 30 million or so people who contribute to their Fidelity retirement account have managed to save at least $1 million. The average 401(k) balance hovers around the $100,000 mark. So, it must be near impossible for regular folks to reach seven-figures heading into those golden years, right? The numbers suggest otherwise.
