Fidelity: Ranks of 401(k) millionaires surge

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pcsrini
Posts: 85
Joined: Mon Jan 24, 2011 10:51 pm

Fidelity: Ranks of 401(k) millionaires surge

Post by pcsrini » Fri Jan 30, 2015 1:51 pm

Key reasons cited: 401 K millionaires "stay the course" and "keep saving" regardless of market swings

http://finance.yahoo.com/video/ranks-40 ... 00810.html

Beliavsky
Posts: 932
Joined: Sun Jun 29, 2014 10:21 am

Re: Fidelity: Ranks of 401(k) millionaires surge

Post by Beliavsky » Fri Jan 30, 2015 2:17 pm

That's nice, but due to inflation and population growth, the number of millionaires will rise over time even if real wealth per capita does not increase. It is the trend of inflation-adjusted per-capita wealth that is meaningful.

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