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More Americans have $1 million saved for retirement than ever before

·4 min read
More Americans have $1 million saved for retirement than ever before
In this article:
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  • ^GSPC

Here’s some really good news: More Americans have a cool $1 million or more in their retirement accounts than ever before. The Boston-based investment giant says the number of 401(k) accounts with seven-figure balances swelled 84% in the 12 months ended June 30 to 412,000, while the number of seven-figure IRAs jumped more than 64% to 341,600.