401(k) savers are setting records. How to catch up if you're behind.
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . 401(k) savers are setting records. How to catch up if you're behind. Ivana Pino Senior Writer Tue, September 8, 2026 at 9:35 AM PDT 4 min read Despite financial pressures, workers remain committed to their retirement goals, with many boosting their contribution rates and watching their savings grow. According to Fidelity Investments' latest quarterly analysis, 769,000 retirement savers have a million dollars or more in their 401(k). Average 401(k) balances grew 10.5% in the second quarter, marking their strongest quarterly growth since the fourth quarter of 2020, thanks partly to stock market gains. The total average savings rate also held at record levels for the second consecutive quarter, remaining at 14.4% for 401(k) savers and 12% for 403(b) participants. At the same time, Fidelity data shows more savers tap...