http://www.usnews.com/usnews/biztech/articles/070810/10roth401k.age.htm
Based upon an assumption of 80million workers have them and the average value is around $87,000 the total would be $6.96 Trillion.
75,000
Interest rates can impact 401k investments by influencing the returns on fixed income investments within the portfolio. When interest rates rise, the value of existing fixed income investments may decrease, potentially affecting the overall performance of the 401k. Conversely, when interest rates fall, the value of fixed income investments may increase, leading to higher returns for the 401k.
Try this website:http://www.fundadvice.com/401k-help/401k-plans/401k-safeway.html
It is important to remember that a 401k is not an investment. It is an account that contains a particular investment. So, the answer to this question depends on the investment within the 401k. There are a couple of popular investment types that claim "insured" status. First, stable value funds generally promote themselves as fund types that do not lose value. Money market funds, although not explicitly insured, generally are regarded as safe as cash.
In 2008 the average 401k yielded 50,000 dollars.
You can make a withdrawals with your 401K however you will have to be aware of the fees that are charged from the 401K.
Based upon an assumption of 80million workers have them and the average value is around $87,000 the total would be $6.96 Trillion.
$54,000.00
75,000
The average company match on 401k accounts is 80%. You can read more about this match or general policies at invest-faq.com/cbc/ret-plan-401k.html
Interest rates can impact 401k investments by influencing the returns on fixed income investments within the portfolio. When interest rates rise, the value of existing fixed income investments may decrease, potentially affecting the overall performance of the 401k. Conversely, when interest rates fall, the value of fixed income investments may increase, leading to higher returns for the 401k.
The average age to start a 401k is between 25 and 34. Starting early allows for more time to accumulate savings and take advantage of compound interest over the long term.
Try this website:http://www.fundadvice.com/401k-help/401k-plans/401k-safeway.html
To calculate the average deviation from the average value, you first find the average of the values. Then, subtract the average value from each individual value, take the absolute value of the result, and find the average of these absolute differences. This average is the average deviation from the average value.
It is important to remember that a 401k is not an investment. It is an account that contains a particular investment. So, the answer to this question depends on the investment within the 401k. There are a couple of popular investment types that claim "insured" status. First, stable value funds generally promote themselves as fund types that do not lose value. Money market funds, although not explicitly insured, generally are regarded as safe as cash.
According to Fidelity, the average 401(k) balance was $69,100 at the end of 2011 ( http://bucks.blogs.nytimes.com/2012/02/23/fidelity-finds-slight-rise-in-employee-401k-contributions/). If there are 100 million contributors, which I consider an upper limit, that total valuation is approximately $6.9M millions ($6.9 trillion). According to Seeking Alpha, world stock market value in March 2010 was $49.1 trillion down from a December 2007 peak of $61 trillion (http://seekingalpha.com/article/199294-world-stock-market-value-reaches-20-month-high). Therefore, one possible upper limit percentage of 401k value to total market value would be the maximum 401k estimate of $6.9T divided by the lower total market value of $49T or ~14%. However, I would consider that to be a fairly significant overestimate considering that the market has gained some value back since 2010 and that I don't believe there are 100M 401k accounts in existence.