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Despite Ongoing Uncertainty, Q2 Retirement Account Balances and Contributions Increase as Employees Begin to Feel More Positive
FidelityLink to more items from this source
Aug. 19, 2021

"Average retirement account balances increased to record levels for the third consecutive quarter, with long-term retirement savers seeing significant gains. In addition, Baby Boomers increased their contributions to 401(k) and IRA accounts, while the average 401(k) savings rate reached a new high. Positive investing behavior, including a decreasing number of outstanding 401(k) loans, was complemented by positive investor sentiment, with workers reporting reduced levels of stress and anxiety."

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