The Quiet Rise of the Retirement Millionaire Recent data from Fidelity Investments reveals that nearly three quarters of a million Americans have amassed $1 million or more in their 401(k) accounts.
This represents a growth rate of about 30% over the past year alone, and is a stark contrast to just five years ago when such a feat was considered unthinkable for many.
The increasing prevalence of high earning professionals and the rising stock market have undoubtedly contributed to this trend.