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Retirement Balances of 401(k) Faithfuls Quadrupled in Past Decade
Reuters Link to more items from this source
Feb. 14, 2013

"U.S. workers who stayed put in the same company 401(k) plan for the past decade saw the size of their accounts quadruple to an average of nearly $200,000, despite major stock market turmoil ... The results underscore the stock market's recent resurgence and how important it is for 401(k) participants to keep contributing to their accounts, even when their balances decline, like they did during the height of the financial crisis. This is good feedback for young workers, too, because more 401(k) plans automatically enroll them in retirement plans while escalating their contribution rates each year, experts said."

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