News

The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, according to Charles Schwab’s SDBA Indicators Report.
We see this happen slightly in the median 401 (k) balance column when going from the 55-to-64 age group ($95,642 median balance) to the 65+ age group ($95,425 median balance).
Americans with 401(k) accounts are finally saving almost enough to retire in comfort. But how much is that?
Retirement savers navigated a rocky first three months of the year, contributing a record high percentage of their pay to their 401(k) accounts, according to new data from Fidelity Investments.
The average 401 (k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb.
Average 401(k) retirement balances fell 3% from late last year through the first three months this year, according to Fidelity Investment data.
401(k)s are built for the long haul. Reacting emotionally in the short term can do serious long-term damage to your retirement plans.
You’ll often hear that if you want to retire comfortably, you’ll need to build some savings. You can’t expect to manage your bills with ease in retirement on only a monthly Social Security ...
The average Self-Directed Brokerage Account (SDBA) 401(k) balance at Charles Schwab finished the fourth quarter of 2024 at $352,605, up by 13.6% since 2023, according to Charles Schwab’s latest ...
Savers pulled vast sums of 401(k) money from stocks and shifted to more conservative investments in response to the tariff-induced market turmoil. But that's not necessarily a good strategy.
While you might not feel as committed to 401(k) plans as markets roil, luckily, most companies still are. U.S. corporations understand that a 401(k) is a favorite employment perk. Charles Schwab's ...