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You, too, can join the 401(k) millionaire's club

Nov 06, 2018 - Washington Post Blogs

It can be done.

The "it" in this case is saving enough in your workplace retirement plan to have a seven-digit account balance. You, too, with enough time and consistency, can join the 401(k) millionaire's club.

Fidelity Investments reported that for the third quarter of 2018, the number of people with $1 million or more in the employer plans it manages reached 187,400 - a jump of 41 percent from a year ago. This increase is nearly 10 times the 19,300 such savers it reported having a...