401(k) savings hit record high

posted by
February 23, 2011
CNN Money    
Posted in News

"The average 401(k) balance hit a 10-year high at the end of last year as the recession waned and more Americans bulked up their retirement savings. At the end of 2010, the average 401(k) balance had risen to $71,500 -- up 11.5% from $64,200 a year earlier, according to a report released Wednesday by Fidelity Investments." (02/23/11)

http://money.cnn.com/2011/02/23/retirement/401k_contributions_rise/  

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