Fidelity Investments conducted an analysis of its investors that have both Individual Retirement Accounts and 401(k) plans. It found that the average combined balance in both accounts was $212,600. Investors on the verge of retirement, or already retired, had a combined balance of $359,000. The analysis also highlighted the sharp increase in the number of Americans seeking guidance as they work to achieve their saving and investing goals.

The report found that individuals who have both types of accounts save a lot more, an average of $10,300 annually, compared to $5,750 a year for 401(k) only and $4,150 for IRA only.

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