Saturday, June 12, 2010

Average 401(k) balance is $66,900

The Miami Herald reports:
The average 401(k) account balance as of March 31 was $66,900, according to Boston-based Fidelity Investments, which has 11 million participants. The average monthly Social Security benefit as of April was $1,067.

These workers don't have that 401(k) problem.