Insights on Saving Strategies of 401(k) Millionaires

Tuesday, 27 February 2024, 18:34

The number of Americans with $1 million or more in their 401(k) accounts increased by 20% in the final quarter of 2023, as reported by Fidelity Investments. Yahoo Finance's Kerry Hannon discusses the common savings strategies of this group and presents insights from the American College of Financial Services' financial literacy survey. Learn how you can emulate the success of 401(k) millionaires and secure your retirement.
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Insights on Saving Strategies of 401(k) Millionaires

Saving Like a 401(k) Millionaire

The amount of Americans holding at least $1 million in their 401(k)s grew by 20% between September and December 2023, according to Fidelity Investments.

Expert Insights

Yahoo Finance Columnist Kerry Hannon joins the Live show to discuss the savings strategies common among 401(k) millionaires.

Financial Literacy Survey

Results from the American College of Financial Services' latest financial literacy survey are analyzed, offering valuable insights for improving financial knowledge and planning.

This article was written by Luke Carberry Mogan.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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