401(k) millionaires increase due to strong stock market, but experts advise retirees to plan ahead.
401(k) millionaires are on the rise due to a strong stock market, with average account balances at their highest in two years. However, experts warn retirees not to get complacent and to plan ahead before tapping into their gains. Market optimism can be tempting, but the unpredictability of financial markets makes it crucial for retirees to carefully consider their retirement plans.
March 30, 2024
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