Your 401(k) balance is important, but it’s not the best indicator of whether you’re on track for retirement. Instead, your rate of return tells you how efficiently your investments are growing over ...
It’s not easy to jump from the near bottom of the list to the very top, but the financial advisory industry did just that in the rates of return its 401(k) plans delivered for its employees. In 2023, ...
This article looks at the average 401(k) retirement plan balances by age.
In 2024, the average 401(k) plan savings rate, including employee deferrals and company contributions, maintained a record 12%, according to new data from Vanguard. The company recommends a combined ...