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Source: Fidelity
From Fidelity's press release published on February 18, 2021:
- Retirement accounts reach record levels in Q4. The average IRA balance was $128,100, a 9% increase from last quarter and 11% higher than average balance of $115,400 a year ago. The average 401(k) balance increased to $121,500 in Q4, an 11% increase from Q3 and up from 8% from a year ago. The average 403(b) account balance increased to a record $106,100, an increase of 10% from last quarter and the first time the average TEM balance has reached six figures.
