A new report shows that the count of 401(k) holders who have amassed a million dollars in retirement savings has hit an all‑time high, thanks to a rally in equities and steady employee contributions. The surge reflects both a buoyant market that has lifted portfolio values and a broader trend of workers saving more aggressively in employer‑sponsored plans. Experts warn that while the numbers are encouraging, the gains are uneven, with higher‑income savers benefiting most and many still lagging behind the million‑dollar mark.
The number of 401(k) millionaires has soared to a record high -- buoyed by a strong stock market and robust employee contributions.
