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millionaires

A collection of 2 posts
millionaires

Millionaires held cash worth 24% of their portfolios in Spring 2023 up by 10% during the same period in 2022

Per CNBC Millionaires have started to hold more cash in Spring 2023 up from its 2022 numbers. In Spring 2022, millionaires only held 14% of their portfolios in cash compared to its Spring 2023 numbers at 24%. In fall 2022, the percentage of cash that millionaires held in their portfolios
14 Jul 2023 1 min read
401(k)

American 401(k) millionaires drop by a third from 2021 to 2022

Per CBS News The number of Americans that are recorded as 401(k) millionaires have dropped by a third from 2021 to 2022, per Fidelity Investments data. From 422,000 millionaires in 2022, those with over a million in their 401(k) accounts have dropped down to just 299,000.
01 Mar 2023 1 min read
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