US has fewer 401(k) millionaires after coronavirus stock market meltdown

There were over 11 million households in America worth between $1 million and $5 million in February, according to Spectrem Group’s Market Insights Report 2020. That figure — the number of 401(k) millionaires, as they were called — was heralded in many newspapers just a few weeks ago. Now, according to Spectrem, there are half… Continue reading at New York Post