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Retirement millionaires hit record, Fidelity says

golden-eggs-retirement-millionaires-hit-record-Fidelity

The increase in the number of millionaires reflects both higher savings rates and the market's rally

The bull market is minting plenty of millionaires — at least when it comes to retirement accounts.

The number of people with $1 million or more in their 401(k) or individual retirement account on the Fidelity Investments platform reached record levels last quarter, fueled by higher savings rate

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