What retirement crisis? Number of 401(k) and IRA millionaires hits record high

Catey Hill
What retirement crisis? Number of 401(k) and IRA millionaires hits record high

There are more millionaires next door. Despite that fact that most people are undersaved for retirement, a study released by Fidelity Thursday shows that the retirement savings picture isn’t quite as grim as you might think. Indeed, the number of 401(k) and IRA millionaires hit a record high at the end of the third quarter, Fidelity found.