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Stock-Market Rally Makes More 401(k) Savers Millionaires

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The average retirement saver with a seven-figure balance is 59 years old.

Aug. 17, 2023 12:01 am ETA balance of $1 million or more puts savers in the top 1.64% of all Fidelity 401 accounts.The number of people with at least $1 million in their 401 accounts has grown about 25% so far this year.

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