uncover the retirement statistic that might surpass your 401 k in importance

Americans have trillions of dollars invested in retirement accounts. · more than $2 trillion sits in forgotten or left-behind 401 ( k ) retirement savings accounts, with an average balance of $66,691, according to a new report. The number of 401 ( k ) millionaires also jumped. (and for those who feel they’re behind, regardless of age, i’ll offer some tips on how to get on track. ) · i’ll dive into a number of statistics that explore generation x’s readiness for, and mindset about, retirement. · fixating on your 401(k ) balance might cause you to ignore the only metric that actually matters. Yahoo is using openai to generate summaries for this content. See how your plan compares with these key retirement statistics. Ai-generated content sometimes contains inaccurate or incomplete information. Click on a trending topic to learn more about it. The national institute on retirement security says gen x is the first generation to enter the labor market following the shift from defined benefit pension plans to 401 (k )-style defined. · retirement 401 ( k ) account balances bounced back in the second quarter of 2025, hitting a new record, according to fidelity’s latest report. · the number of retirement savers with $1 million or more in their 401 ( k ) accounts jumped 20% from september to the end of december, according to fidelity.