Despite stock market volatility, many Americans are still becoming 401(k) millionaires

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Despite recent declines in the average balance, there were more than 400,000 401(k) millionaires in the first quarter of this year.

We have more and more retirement savers not making changes based on short-term market events. They’re deciding to stay the course and taking a long-term approach.The majority of savers didn’t make a change to their asset allocation in the first quarter of 2022 and of the 5.6% who did, 82% only made one change.

One reason why fewer investors made asset allocation changes may have been because of workplace retirement incentives, such as automatic enrollment into retirement plans. However, not all account holders may have seen the benefits of their increased savings rates. Retirement account balances declined from last quarter, or the same time last year.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Jim Cramer's advice for how to invest during a recession: 'There's always a bull market somewhere'.jimcramer's advice for how to invest during a recession: 'There's always a bull market somewhere.' (via CNBCMakeIt) jimcramer MakeIt Where was Jim ? jimcramer MakeIt This is the guy that said Bear Stearns was safe to buy in 2008 jimcramer MakeIt Always…
Fuente: CNBC - 🏆 12. / 72 Leer más »

Today’s biggest stock market losers aren’t limited to technology, as economic fears mountSnap’s warning about a rapidly sliding economy sent shock waves through the stock market. All these are fake pullback...Opportunity to buy. Earning still positive regardless the noise. Social media will always exist. Buy the fake pullback
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

MicroStrategy trading at 18-month low following crypto and stock market dropMicroStrategy's stock price has fallen amid a downturn in crypto prices and the world's financial markets. Buy the dip
Fuente: TheBlock__ - 🏆 464. / 53 Leer más »

Transparency in crypto industry ‘critical’: Ripple CEORipple CEO Brad Garlinghouse weighs in on regulation and volatility in the crypto markets from WEF in Davos as bitcoin hovers around the $29,000 level.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »