A record 769,000 Americans now have $1 million in their 401(k). Here’s how much they save

Economic Times - Nov 5, 2026

As of late June, an impressive 769,000 people had exceeded $1 million in their workplace retirement accounts. Fidelity revealed that the average 401(k) balance was pegged at $155,800, while the median was notably lower at $35,800. In the second quarter, thanks to a 14.9% increase in the S&P 500, many account holders saw significant recovery.

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