Trade War, threats made, market declines, blah blah blah. A lot was written this week. A lot of what was written was also written a few months back. And a few months before that. On and on we go.
Clients and prospects seem to like to know where they stand in relation to “others”. Below is Fidelity’s most recent retirement study. One stat of note is that average 401k balances have more than doubled since 2009. This is great news. The bad news? The average account is about $100k. Still, that’s WAY better than the 2009 number of about $50k.