Record High: 401(k) Millionaires Hit Fresh Peak on Bull Market
TL;DR Summary
Fidelity Investments says the number of 401(k) accounts with at least $1 million rose 19% in Q2 to a record 769,000, driven by a bull market (S&P 500 up ~15%) and a 9.6% average contribution rate, with about 3% of Fidelity’s 25.8 million accounts now seven-figure, reflecting long-term savers despite ongoing retirement anxiety for many Americans.
- America’s population of 401(k) millionaires hits record high — thanks to strong market New York Post
- Fidelity® Q2 2026 Retirement Analysis: Record Savings Rates Help Drive 401(k), 403(b) and IRA Balances to New Highs Fidelity Newsroom
- Here's how 6 Americans became 401(k) millionaires USA Today
- How much money Americans in their 30s and 40s have in their 401(k)s—see how you stack up CNBC
- America’s Population of 401(k) Millionaires Keeps Growing, Buoyed by Markets Yahoo Finance
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