The Rise of Moderate Millionaires in 401(k)s A growing trend among Americans approaching retirement age is the accumulation of moderate million dollar balances in 401(k) plans.
Dubbed "Moderate Millionaire," this phenomenon reflects a fundamental shift in how people save for and invest in their retirements.
Understanding the Moderate Millionaire Phenomenon The Moderate Millionaire phenomenon is a demographic trend that has been quietly unfolding over the past decade.