In a surprising turn, given the usual grim reports about how little most Americans have saved for retirement, there’s been a spate of good news lately about 401(k) investors. Yes, the median shot up an impressive 29 percent in 2023, but the typical account was still worth just over $35,000 by year end, Vanguard reports. Other signs of stress: A record number of savers withdrew money early, and the percentage taking out loans rose too. All told, despite the surface optimism about retirement savings, six in 10 investors told BlackRock they still worry they’ll outlive their money. “The rising tide for retirement savers has not lifted all boats,” said Christine Benz, director of personal finance and retirement planning at Morningstar.

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Persons: there’s, they’ll, ”, Christine Benz Organizations: Vanguard, BlackRock, Morningstar