Want to be a 401(k) millionaire? Here's how to get there

9:12 PM ET Tue, 20 Aug 2019

The number of Fidelity 401(k) plans with a balance of $1 million or more has hit a record high. In the second quarter of 2019, there were 196,000 plans with a balance of more than $1 million. That's up 17% from 168,000 last year, according to Fidelity. The number of IRA millionaires is also on the rise.