Moderate Millionaires in 401(k)s: A Shift in Retirement Savings The landscape of retirement savings has undergone a significant transformation over the past few decades.
As people live longer and require more resources to maintain their standard of living, having a substantial nest egg is no longer just a luxury but a necessity.
The emergence of moderate millionaires – individuals with $1 $10 million in their 401(k) plans – is a testament to this shift.