401(k) millionaire accounts at Fidelity Investments hit a whopping $1.462 million average on Dec. 31, which Fidelity says it has not previously disclosed. How did these investors pull this feat off? They sidestepped key retirement planning land mines.

“These savers are doing several things right, including avoiding important mistakes,” said Eliza Badeau, a member of Fidelity’s Thought Leadership team

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Author: Paul Katzeff

Source: Finance. Yahoo: Why Fidelity 401(k) Millionaires Average $1.46 Mil Balances

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