​Led By Gen X, 401(k) Millionaires At Fidelity Hit A New All Time High – Tyler Durden

Led By Gen X, 401(k) Millionaires At Fidelity Hit A New All Time High Bear witness to one of the miracles of inflation: it won’t be long until everyone is a millionaire…one way or the other. But for now, nominal millionaires have hit an all time high at Fidelity, according to a new report from Bloomberg.  In the second quarter, Americans aged 44 to 59 increased their IRA contributions to a five-year high, with total contributions up 30% from last year, according to a Fidelity Investments report. Fidelity Wealth President Roger Stiles noted that, despite financial pressures like college costs, aging parents,…  — Continue at ZeroHedge News : Read More